February is Black History Month. It also includes two other famous national holidays: Presidents Day and Valentine’s Day.

But February is also, according to ATTOM Data Solutions, the best month to buy a home.

The data solutions company discovered, based upon metrics, that buyers get more bang for their buck during this seasonally slow month for real estate.

According to the website, buyers “are likely to get the best deal of the year.”

ATTOM Data Solutions analyzed the numbers and found that over a span of 16 years and more than 50 million single family and condo sales, February is the best month for home buying bargains, and eight of the top 10 best days for buying a home are in February.

Stats

  • Median Price per square foot in February offers a 6.1% discount
  • Median Price per square foot in January offers a 5.6% discount

If you have any questions about this information or title insurance, please contact Counsellors Title at 732.914.1400. Counsellors Title Agency, www.counsellorstitle.net, founded in 1996, is one of New Jersey’s most respected title agencies, serving all 21 New Jersey counties with title insurance, clearing title, escrow, tidelands searches, and closing and settlement services for commercial or industrial properties, waterfront properties and marinas, condominiums, townhouses or residential single family homes. Counsellors Title also features its own Attorney Settlement Assistance Program™ [ASAP], which is an individual resource customized to fit the needs specifically of real estate attorneys, including, Documentation, Preparation, Disbursement of Funds, Attendance at Closing, HUD Preparation or Post-Closing Matters.