The holiday season tends to keep us all super busy between shopping, baking, attending holiday parties, gift wrapping and so on. With all this hustle and bustle, buying a home probably isn’t at the top of your to-do list.
During real estate’s off-season, inventory is lower. But, the flip side is your competition is lower too! Find out why you just might want to buy a home during the winter!
#1 Get Your Agent Working!
During the peak spring/summer season, most real estate agents are swamped, making them less available to you. But during the off-season, even the top producing agents should have some more time on their hands. Their schedules will be more open and they’ll be able to focus more of their time solely on you!
#2 Negotiate With Confidence
During real estate’s off season, buyers typically have the upper hand. Therefore, when you know the odds are in your favor, you should welcome the negotiation process. A lot of times, sellers are more motivated to sell their homes below their asking price rather than carry it through the off-season. With the help of your agent, put an offer together and see what kind of negotiation you can work up with the sellers.
#3 Get a Mortgage Before Rates Increase
If you’re planning on buying a home in the off season, you can lock in a great mortgage rate before the new year. Getting in now as rates start to slowly pick up, makes a winter buy even more attractive!