Fall is a Great Time to Buy a Home

Spring and summer may be the traditional peak seasons for buying a home, but fall is quickly becoming the best time to make a purchase. Fewer buyers, motivated sellers, and potential for negotiation make fall an ideal season for securing a great deal. Here are five reasons why fall is the perfect time to buy a home.

Get a Great Deal with Motivated Sellers

Sellers often list their homes in the spring, hoping to make a quick sale. By the time fall arrives, many sellers are eager to close the deal before winter sets in. With fewer buyers in the market, sellers are more likely to lower their asking price. You’ll have the opportunity to negotiate and get a great deal on a home.

Less Competition from Other Buyers

The home-buying frenzy slows down once fall arrives. Families who wanted to move before the school year often buy earlier in the season. With fewer buyers in the market, you’ll face less competition for the homes you’re interested in, giving you more negotiating power.

Personalized Attention from Realtors and Professionals

In the spring and summer, real estate agents are often juggling multiple clients. In fall, they have more time to focus on your needs. You’ll also find that other professionals, like mortgage lenders, inspectors, and movers, are less busy, allowing them to give you the attention you deserve.

Take Advantage of End-of-Year Sales

After buying your new home, you may need to purchase appliances or tools for maintenance. Fall is the perfect time to buy these items. Many retailers offer great deals on appliances in November, and September sees discounts on freezers and lawn equipment. Time your home purchase to coincide with these sales and save money on essentials.

Fall Reveals Hidden Home Issues

Fall’s cooler temperatures and harsher weather conditions can expose flaws in a home that might be hidden during warmer months. A property inspection in fall allows you to see potential issues, such as drafts, leaks, or roof damage. This helps you make an informed decision before finalizing the sale.

If you’re ready to buy, fall is a great time to take advantage of these benefits. Contact one of our expert loan officers today to start your home-buying journey!