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Reply to "Anyone waiting till next spring to buy?"
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[quote=Anonymous]If you really want to buy, fall and winter are the best times to house hunt. Most people with children are wary of moving during the school year, so if you can find a house for sale in your price range that meets most of your major requirements, then you will find yourself with less competition in terms of bidding wars than you would over the summer. Inventory is still low, and may be even lower in the fall/winter, so it's still a sellers market in desireable neighborhoods in the DC area--but, you at least will have a leg up over the buyers who just give up once the school year starts. Frankly, if you can find a home that feeds into your school pyramid, then you should pounce while interest rates are still historically low (yes, higher than last year, but still well below 5%).[/quote]
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