Home prices are determined in cycles. However, your agent will always tell you that every day is a good day to buy because commissions is their main incentive.

It is important to stay ahead of the curve by paying attention to the number of homes listed as a larger supply of inventory will drive home prices listed on the market lower. Also, prices are softer during the winter months.

Doing a little more due diligence than other buyers can easily save you thousands of dollars on purchasing a new home.