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Although the summer months are the traditional time when most house hunters are out looking for their new home, savvy buyers should consider continuing or beginning their search in the fall. In fact, there are several factors which combine to make fall the optimal time for home buying. This largely comes down to less buyer competition; you are essentially zigging when most people zag, giving you the advantage over sellers as demand falls after summer. Keep reading to learn why fall might be the best season for home buying!

The amount of new home construction finally rose in July after hitting a nine-month low in June, although the underwhelming rise will do little to ease inventory pressure. The Commerce Department reported last week that total housing starts rose to a seasonally-adjusted annual rate of 1.17 million units last month, which was less than a 1% increase over the nine-month low in June of 1.16 million units. Although the increase is certainly good news, its small scale is expected to do little to satisfy home buyer demand or cool rising home prices.

Although the housing market bubble burst over a decade ago, it is still fresh in the minds of many Americans. Given current high price growth and slowing sales, anyone with a stake in housing can't help but worry if another correction is on the horizon. Luckily, in a new article written by National Association of Realtors chief economist Lawrence Yun, he argues that the underlying market conditions in 2018 are fundamentally different than those that existed prior to the last crash. Keep reading to learn why he believes that "the likelihood of a nationwide home price collapse is near nil for the foreseeable future."