While you may assume it’s not an ideal time to be looking, there are some advantages to buying this time of year!
- Less Competition
You have less competition in the winter! This lowers the chances of multiple offers and bidding wars. Contact our office to get started! 610-670-6566
- Save Money
The most expensive times of the year to buy is May, June and July. As fall approaches and the leaves begin to fall, so does the listing prices. The actual sales price dropped by 2.96% offering people an $8,300 saving on the average house.
- Faster Mortgage Approval
Lenders aren’t as busy this time of year, and less volume could mean faster approval. Some lenders might even be willing to reduce fees during the off-peak season in hopes of gaining your business.
- Working with Serious Home Sellers
Sellers may feel compelled to sell before the end of the year for tax purposes. What this means for you: less hassle when it comes to negotiating.
- Homes are Priced to Sell
Sellers who are selling their homes between October and January are serious about selling. This often works in favor of savvy buyers looking to get a deal on discounted homes.
- Holiday Spirit
In general people are nicer around the holidays, everyone involved whats the processes to go by smoothly. Weichert, Realtors Neighborhood One, is happy to help and get you in your new home by the new year!