In this article on forbes.com, a reliable seasonal pattern is discussed to help with timing your buys and sells in your fix and flip and rehab projects. The introductory paragraph summarizes it well:
” It is well known that the residential real estate market is highly seasonal, with activity and prices following the heat: It warms up in the spring and gets hot in the summer before cooling off in the fall and going into near hibernation in the coldest part of the year. As the National Association of Realtors puts it, “every year, transactions and prices tend to be above-trend in the summer while activity typically slows down in the winter.” The seasonality effect has been consistent across time and regions. This predictable pattern leads to a profitable timing opportunity for short-term investors such as fix-and-flippers. ”
The rest of the article gives supporting details and examples, and points out that this time is no different.
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