Skip to main content

The Best Day to Buy a House Is …

Phil Hall
Nov 20, 2018
When it comes to house hunting, the best day to score the deepest discount on a property is the day after Christmas, according to an analysis from ATTOM Data Solutions

When it comes to house hunting, the best day to score the deepest discount on a property is the day after Christmas, according to an analysis from ATTOM Data Solutions.
 
How did Dec. 26 become the best day for homebuying? ATTOM Data Solutions said that it studied more than 18 million single family home and condo sales over the last five years and found only 10 days out of the year where discounts were being offered at below the estimated market value. Dec. 26 had the steepest discount, averaging 1.3 percent, with Dec. 7 coming in second at a one percent discount.
 
All told, seven of the days with discounts below market value were in December, with one each in October, November and February. For the rest of the year, home sales averaged 3.8 percent over the estimated market value.
When it comes to house hunting, the best day to score the deepest discount on a property is the day after Christmas, according to an analysis from ATTOM Data Solutions

 
Published
Nov 20, 2018
Planet Home Lending Reports Total Origination Volume Of $6.8B In Q2 2021

Planet Home Lending's total origination volume reached $6.8 billion in Q2 2021, up 77% from $3.9 billion in Q2 2020.

Industry News
Jul 22, 2021
FHFA Ends Controversial Refinance Fee

The FHFA announced that Fannie Mae and Freddie Mac will eliminate the Adverse Market Refinance Fee for loan deliveries, starting August 1, 2021.

Analysis and Data
Jul 19, 2021
Interfirst Mortgage Launches ONE, Backed By Non-Owner Occupied Properties

ONE is a unique product built on a single interest rate with no adjustments and qualifies off the cash flow of the rental property.

Industry News
Jul 16, 2021
Global Digital Lending Market Projected To Reach $27B By 2028

The Global Digital Lending Platform Market was valued at $7.14 billion in 2020 and is projected to reach $27.07 billion by 2028.

Analysis and Data
Jul 14, 2021
FOMC Discusses Raising Interest Rates

Inflationary pressures have finally forced the Federal Open Market Committee (FOMC) to discuss raising interest rates and tapering its bond-buying program.

Analysis and Data
Jul 14, 2021
Fathom Holdings Inc. Creates New Hispanic Division

Fathom Holdings Inc., a technology-driven real estate platform, announced the creation of their Hispanic Division to more adequately serve this fast-growing demographic. 

Industry News
Jul 07, 2021