5 Reasons to Buy a House this Winter
If you’re in the market for a new home, there’s no need to freeze your search during the winter months! While it is not the popular time of the year for house hunting, the home-buying market can work in your favor, with timing on your side, competition at a minimum, and real estate agents and other housing professionals readily available during the winter season. So, throw on your winter coat and take advantage of these winter buying benefits!
Harsher weather in the winter months may reveal flaws to buyers and home inspectors, so it’s a great time to see a home’s true colors. It’s better to see the home’s flaws before making the offer, instead of being surprised months after you close. In fact, the best time to do a property inspection is in the rain and snow to expose any major issues.
While house inventory on the real estate market may be lower in colder months, homeowners that list their home in the winter are likely very motivated about selling. This can work in your favor when it comes to making an offer and negotiating the price of the home and closing costs.
2019 has very been a seller’s market, meaning there are more buyers in the market than there are homes to purchase which means increased competition among buyers. Timing, however, also plays a major role with buyers when winter arrives. This could mean fewer buyers to compete for your favorite listing. You can also take your time looking for the right home and not feel rushed into making an offer.
Winter is considered more of an off-season for realtors, but this quiet period means real estate agents can devote even more time and support to your specific home search.
If you wait for the colder winter months, you might find that many professional moving companies discount their service costs. Additionally, lighter schedules for movers means you will also have more freedom to schedule your move when you want!
Ready to make a move? Contact one of our expert loan officers to get started today on your home buying journey!
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