December is a fun time of year to spend with family and friends. Many people feel like their schedule is loaded with to-do lists, parties, and other responsibilities during this time of year. So, it makes sense that you might think about moving after the holidays are over.
But, this time of year can be the best opportunity for you to buy a home. If you are thinking about upgrading to a nicer home, then it might be a great Christmas present for the family! Here are three reasons why you shouldn’t wait to buy a home:
Reason #1: Fewer Competing Buyers
Since it is common for people to wait until the New Year to buy, it means that you won’t be competing against so many buyers in the industry. As a result, you have more opportunities to close on the home of your dreams. You can make an offer without worrying that someone else will snatch your dream home before you get a chance.
Reason #2: Sellers are Motivated
If someone has their home listed on the real estate market right now, then it usually means that they are moving for a specific reason. Whether they are starting a new job in January or they’ve had a change in marital status, they don’t want to wait to close on the property.
As a result, sellers are usually motivated to finish the deal and close before the end of the year. So, you might not be up against as many bumps in the road during the negotiations and closing processes. Also, people are often looking to close before December 31st because of tax reasons. If they are looking at these financial details, then they will work hard to speed up the closing.
Reason #3: Convenience of Showings
It can be inconvenient for a seller to make a home available for a showing during the holiday season. So, they are often willing to accept an offer early in December, helping to reduce their stress of keeping the home ready for showings during the busiest times of the month. People want to start packing and preparing to move in their free time, instead of working their schedule around cleaning for new showings.
When you find a home that catches your interest, schedule a showing right away. Then, you can submit an offer if it matches your desire. There is a good chance that the seller will accept a fair offer to avoid the tedious aspect of keeping their home showing-ready during the busiest times of the month.
Here at DUFFY Realty, we’ve found that December can be a great time to buy or sell a home. It is important that you have an experienced real estate team to speed up the process and ensure that everything is seamless with the selections and closing. If you need to buy or sell a home this holiday season, then we are here to help with your transaction. Contact us to learn more about the services that are available: (678) 318-1700