You guessed it. It's a house. Even better, it's home for you, or you and your spouse, or you, your spouse and your children.

It's also a good time to make a deal. The spring buying season hasn't started and the winter holiday season is pretty well passed. You'll have less competition when making an offer.
If you're a real business-like buyer, you'll be pleased to know that mortgage interest rates are still the lowest in years ... but you can't count on that to continue for many more months, so February is a moneywise choice.

If you have school-aged children, the timing couldn't be much better. By the time you get all the paperwork finished, it will almost be time for the school year to end.
Homeowners who have waited to market  their properties are more likely to do it now because asking prices are a little higher than in recent years, but still attractive to potential buyers.
As the year progresses, however, home prices are expected to rise 3.5 percent, according to Zillow's Chief Economist Svenja Gudell.

That means the selection of homes for sale right now offers more opportunities than in the past. Buyers who've been stuck behind the wave of rising prices are finally getting the chance to jump in.

And that could lead to a flood of buyers, said Jonathan Smoke, chief economist at
"We have the potential for about six million home sales in the U.S. just through the months of April through September. That is almost impossible to do," he said, but that's what he predicts will happen.