The holiday season isn’t a peak time for homebuyers to get into the market. We generally notice a lull November through December, and it picks up again in the new year. However, there are some benefits to being in the market for a home this time of year.
1. Less Competition – Buyers who are looking this holiday season will be faced with far less competition. This makes it not only easier to find a home but to get a better deal when you do. A buyer’s negotiating power may be better over the holiday season.
2. Motivated (OK, Desperate) Sellers – The December seller is likely to be serious and motivated. They almost always have a compelling reason for listing during the holiday season which makes it more probable they’re going to make a solid deal.
3. Realistic Picture of the Home – What house doesn’t look amazing come Spring with flowers in full bloom and plenty of light streaming through the windows? Checking it out during a cold and dreary winter season may give you a more accurate idea of what you will be living with day to day. Maybe there is a bedroom that doesn’t get sufficient heat or the front door jams in cold conditions. Inspectors are more likely to catch these issues during the winter season than warmer months.
4. Greater Accessibility to Professionals – Because December is a slower time of year, you will have easier access to movers, inspectors, mortgage brokers and agents. Agents are also particularly motivated over the holidays to close before year end.
Are you wanting to jump into the market? Contact us today, and we will connect you with one of our experienced agents at Village Premier Collection. Your agent will guide you through the ins and outs of buying during the holiday season.