Let all the eggnog-induced revelry go on without you this year. You’ve got bigger cookies to frost, after all. While everyone else is baking, you can snag a great deal if you buy a home during the holidays. It’s no humbug; it’s good financial wisdom. Here are several reasons why it may make sense to make your move this December:
There’s no Spring Glow. Every house looks great in May and June. When you shop for a house in December, you’re seeing it in what is likely its worst time of year for creating a warm, inviting atmosphere. If it looks good in winter, imagine how you’ll love it when the trees and flowers are in full bloom. You’ll also see whether the windows give an icy draft or if the furnace groans like a bear when it kicks on.
Sellers are Motivated. When a house is on the market in December, it’s either a holdover from the fall push, or it may be a situation where someone has been transferred to a new city. No matter what the circumstances, a December seller usually indicates someone who’s ready to deal. You may be able to negotiate a lower price or a quicker close date when you buy a home in December. Our team at Dani Beyer Real Estate will help you negotiate a great contract that reflects the extra savings that can come with a December sale.
Your Competition is Eating Fruitcake. In the spring, summer and fall, you can get caught up in some serious bidding wars. Buyers are focused and intense, and you may wonder if you even want to buy a home badly enough to go through these tough negotiations. By December, a lot of those buyers are settled in their new homes, or they’re waiting for the spring rush of new inventory to hit the market. You may be able to put a contract on a house without much competition.
Then There are the Numbers. Did you know that seven of the 10 best days to buy a house are in December? December 26, 29 and 21 are three of the best days to close on a house from a financial perspective, so your ideal time to put a contract on a house is right around Thanksgiving. Consider it a real estate Black Friday.
You may also find that it makes sense for other reasons, like the impact on your tax return come April, and the fact that the Federal Reserve tends to revisit interest rates right at the first of the year.
No matter when you decide to buy a home, choose Dani Beyer Real Estate to help you negotiate the best possible price. We’re always looking for more chances to do what we love, even if it’s during the holidays. Contact us today!