Most people are focused on all the chaos the “-ber” months bring — travel plans, family gatherings, making a list, and checking it twice. Savvy homebuyers see an opportunity. While the real estate market tends to cool down with the weather, that slowdown can actually work in your favor. Here’s why smart buyers are adding a new home to their Christmas — and why you might want to join them.
1. Less CompetitionWhen the market is less saturated with buyers, that means more opportunity for you — more options and more negotiation power.
2. Motivated SellersOftentimes, sellers during the winter months are motivated — perhaps by a purchase of a new home, a relocation, or major life change. This motivation may lead to better terms, price changes, or quicker closings.
3. Faster ClosingsAt the end of the year, lenders, inspectors, and movers slow down due to the slower market. This can result in quicker response time for you!
4. Possible Year-End Tax PerksClosing before December 31st could make you eligible for tax deductions for the year such as mortgage interest and property taxes. Another perk to closing on a new home in the season of cheer!
5. Get the Authentic Home ExperienceBasking in the Austin Spring and Summer glow, almost any home can shine. Seeing a home in the fall and winter allows you to see how the home holds up in cooler and grayer temps. Is the house warm and cozy? Can you picture a cozy patio evening overlooking the Hill Country? Plus, imagine enjoying your holidays in your new home!
Don’t let the holidays drive you away from finding the perfect new home. In today’s Austin market, we are seeing more buyer opportunities than pre-pandemic years. Take advantage of less competition, motivated sellers, and possible savings.
Pro Tip: Have your local real estate expert (hi!) set up alerts for new listings that match your criteria and get pre-approved now, so you can move fast when the right property hits the market.
’Tis the season to deck the halls of your dreams!
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