Real Estate Gems Abound During Late Peak-Season Sales

Robert Bruss writes a good piece about how there are deals to be had after the Spring and early-Summer crush.

I agree with this wholeheartedly, although I also think that August will provide very low inventory in San Francisco (when many of the agents go on vacation) leaving sellers with a distinct advantage. For some reason, buyers don't have the same vacation schedules as their agents... Buyers will likely see the inventory flood back into the market on the Tuesday after Labor Day and stay strong for about a month before tapering off again into the holidays.

If you're a seller, August appears to be a great time to sell. If you're a buyer, wait till late-September, October, November, or December. That inventory glut of early-September is going to get old by the end of the month and what's left over will be where you find your bargains.

As an aside, I'm obviously not a doomsday prophet, either. Smart buying decisions paired with smart upgrades/remodeling is the key to staying ahead of this market, no matter what the climate.