May, June, July, and August are the busiest times of the year to sell your home. This makes up 40 percent of annual home sales volume, with an average of 2.1 million purchase transactions taking place during this period, according to data from the National Association of Realtors. This may be the worst time to buy, due to higher prices and more demand. 

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May barely beats July for second place, with a 7.4 percent seller premium, up slightly from July's 7.3 percent. Real estate is a negotiation process, buyers and sellers should try to work together to accomplish their goal so each side is satisfied and each can move forward in their pursuit of the American Dream.

December is usually the worst month to sell a home followed by October with a 3.3 percent seller premium, according to ATTOM Data.

 

December is when home buying activity comes to a standstill in certain locations. Weather plays an important role. Places like California, Nevada, Arizona, Texas, and Florida are heating up providing buyers with longer showing times. It's quite the opposite in places like New York, Colorado, Maine, Minnesota, the wintry states. The exception is for those who are being relocated for business, which tends to happen in December and January according to the most recent data available. 

According to the IRS: The Tax Cuts and Jobs Act of 2017, enacted December 22, suspends from 2018 until 2026 the deduction for interest paid on home equity lines of credit, unless they are used to buy, build, or substantially improve the taxpayer's home that secures the loan. 

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The interest you pay on your mortgage in deductible when the home is less than $750,000. The amount you pay in property taxes is deductible too. You can deduct up to $10,000 good through 2025 unless extended. Tax deduction for points over the life of your loan assuming you meet the qualifications. Private mortgage insurance can be deducted in some cases. The fee you pay if you put less than 20% sown on a property. If you've lived in your home for two out of five years you're excluded from paying taxes on $500,000 If married, $250,000 if you're single. There are rewards for energy efficient upgrades. Deductions for aging in place; wheelchair ramps, etc. Working at home is another benefit. $5 per square foot or up to $1,500. Know there are extremely tight guidelines.  Always consult a tax professional.