One unique feature of the real estate market is that it doesn't close for the holiday season. It is always open, every day of the year.  Like other businesses, the real estate market can be cyclical. This can be based on mortgage rates or economy but can also be based on the time of year.

Fall is a busy time of year for many activities, including housing. There are certain advantages to buying or selling during the autumn months, including end of year tax breaks, greater selection of homes to choose from and good moving conditions. Mortgage interest and property taxes can be deducted from gross income and in some situations if interest is prepaid before the due date of the first house payment toward the end of the year it can be deducted.

Fall is also an optimum time to buy because it's before weather gets cold and it's not blazing hot to move. In addition, fall is a good time to move, next to the summer months because it can be the least disruptive, particularly for children.  During the winter, kids can be fully immersed in school and activities and moving could be quite hectic during these months. Finally, buying in the fall allows time to get moved before the hectic holiday season.

Some tips before buying this fall including doing the research – know what you want and what you can afford as a buyer. It's very important to have a budget and stick to that and prequalification can make the entire buying process much easier to navigate. Although it is tempting to make an offer on a potential house because of the time constraints that could happen in the autumn months, don't lose your head. Know the market and what is best for you as a buyer.