When you’re hunting for your dream home, the thought of doing so during the holidays may seem daunting at best. Not only do you have a lot of obligations to meet, but the inclement weather is hard to ignore. But this article will show you a few reasons why buying a dream home during the holiday season doesn’t have to be an experience more suited for Halloween.
There’s Less Competition for Your Dream Home
Because holiday moving can be such a hassle, many homeowners choose not to do it. There are also fewer homes on the market. What that means for you is less competition. This makes it easier for you to get the home of your dreams.
Sellers Are a Lot More Motivated
Homebuyers don’t like to buy during the holidays. But that just makes sellers more determined to sell their homes. The reasons could stem from needing to relocate for their job, or maybe their home has been on the market for a while and they need the money fast. With fewer buyers and more motivated sellers, you can leverage this situation to your benefit.
Agents Are Also Motivated To Get You Your Dream Home
During the holidays, agents deal with fewer clients. They can now spend more time working with you to get the home that you want. Agents work on commission. Since they have less opportunity to earn money during the holiday season, they will work harder to make things happen.
Home Prices Are Lower
In December, housing prices are often lower than at any other time during the year. While this trend may not always be in place, still check the housing prices prior to the holidays. You never know what gems you could find in the market.
You Can Close A Lot Faster
It’s often an unspoken assumption that all parties involved should get the deal done before the end of the year. Not only do buyers want to move in as soon as possible, but the seller might also want to move to their new place before the start of the holidays. Your lender will also want to ensure that your loan is “on the books” by the end of the year. Plus, brokers and real estate agents want to get their commissions just in time for the holiday season. To make sure that everything goes according to plan, gather together all of your documentation. This will save you time that you need to meet all of the season’s obligations.
You Can Get Favorable Interest Rates
At this time, interest rates have stayed at rock-bottom levels for a few years. Visit online calculators to see how much money you can save from a lower interest rate. Take the time to monitor your credit score as a low number could keep you from your dream house.
You Can Save on Home Essentials
Take advantage of the holiday sales by buying your desired home items during this time. There are plenty of good deals that you can use to furnish your house. Shop local for the very best deals and savings.
With the holiday home buying season being less busy, give me a call today to get the home that you’ve always dreamed of for you and your loved ones.