Early November is the best time for homebuyers to score a bargain in three U.S. metro areas: Milwaukee, Riverside, CA and Tampa, FL.
In Detroit and three Florida metros–Fort Lauderdale, Miami and West Palm Beach–house hunters may benefit from holding out a little longer. Mid-December is typically the best time of year to get a deal in those places.
This is according to a Home Economics and Redfin analysis of housing market data; the analysis was originally completed in April. The analysis identifies the time of year when discounts off a home’s original asking price–through price drops and/or negotiations between buyer and seller–typically approach their seasonal peak.