The fourth quarter is here and everyone is preparing for the holiday season. If you are thinking about buying a home, though, now might be the time to prepare to make a move.
1. Home prices are typically lower. Sellers understand that there are fewer buyers in the fall market, so they try to compensate for that by lowering their prices to incentivize the buyers who are out there. Make sure your agent runs a CMA and checks those sale prices to get you a good deal.
2. You will face less competition. The holidays are a very busy time for most people. Folks are traveling around the world and visiting friends and family, so buying a home is not at the top of their list. That means there are fewer buyers in the market for you to compete with.
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Fewer buyers on the market means less competition for you.
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3. The holidays are around the corner. Sellers want to sell before the holidays just as much as you want to buy a home before the holidays.
4. You can get year-end tax credits. These are a great incentive for buyers who want to maximize their buying power.
5. It’s a great time to see what’s on the market.
If you have any questions about buying a home this fall or about the fall market in general, give us a call or send us an email. My team and I would be happy to help you!
