Why Fall & Winter are the Best Time to Buy a Home
I am often asked, “When is the best time to buy a home?”
First and foremost, I want to be clear that the best time to buy is when you can afford it. With that being said, I consider fall and winter to be the best time to buy for one big reason: Money!
Read on to find out why the fall and winter are great times to capture some savings.
Sellers are more motivated
The sellers that listed their property too high in the summer are now creeping into the fall season with new inventory nipping at their heels. This can often make them more motivated to sell.
Find a house that has been on the market for 90+ days and you may reap huge savings. Some buyers think there must be something wrong with a property that has been sitting on the market for that long. The fact is it was probably listed it too high to begin with! This type of listing is a perfect candidate for a strategic offer.
You can see the issues
When the rain is here, and the snow is knocking on the door, you will be able to see issues that may not have appeared during the drier seasons.
During the spring and summer, it can be easy to get distracted by the beautiful landscaping and look over some of the structural issues. Things like broken window sills, issues with mold, water damage, and any sort of roof problems will be much easier to spot during the fall and winter, which can save you a lot of headaches and money later on.
Home decor is on sale
More likely than not, there will be some improvements or amenities you’ll want to add to your new home.
Appliances, TV’s, security systems, and all sorts of other discounts are easily found during the Thanksgiving and Christmas seasons. September is the best time to get a great value on new carpet. Outdoor equipment, such as lawn mowers, is typically on sale in October. The best time to buy appliances is in November. January brings fantastic sales on home organization supplies.
Regardless of when and if you decide to buy a home, it’s important to do plenty of research before you make a purchase. Check out my free Buyer’s Guide below to see all the information you need to take the next step.
Did you buy a home in the fall or winter? If so, let us know what your experience was in the comments below.
All the best!
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