If you are planning to move to Park City Utah then you might be wondering when is the best time to purchase a home. Many families with children make their move to a new community in the summer in order to prevent changing schools in the middle of the school year. But is that the best time to purchase real estate?
Honestly, the best time to purchase real estate in any community is when it suits your family’s finances and life plans. But from an investment perspective, the best time to buy is when real estate prices are lower. That generally is not the case in the summer months when people are planning their moves. That is usually when prices are higher due to a higher demand for homes.
Real estate prices generally fall after the school year begins and at the beginning of the calendar year. People are less reluctant to move during the winter months and no one wants to uproot the family and head to a new community right after the school year begins. The children have made new friends and reconnected with old friends so taking them away from that new start is often not a desirable move.
Whenever you decide to purchase real estate in Park City, just know that you have someone on your side who wants you and your family to succeed at fitting in to your new community.