If you plan on buying a home in the next year, you may want to consider doing so this holiday season. While the rest of the market is focused on celebrating the holidays, you can focus on getting the best deal in town. Purchasing a home during the holiday season enables home buyers to extend better offers and purchase when demand is low.
Now, let’s take a look into the many benefits associated with buying a home during the holiday season!
Exactly What You Want, For Less
With demand for quality housing increasing, finding a home priced below its value is becoming more difficult. What you may not know, is that while demand is increasing, the number of potential home buyers dwindles during the holiday season. This reduction in demand can make buying and negotiating an easier process.
First Time Homebuyers Welcome
Purchasing your first home can be a painless experience if you opt to buy between November and January. Research collected from a study conducted by Realtor.com indicates that most individuals seeking to purchase a home in the next year will wait until the spring and summer months to buy. Why you may ask? Because these individuals refuse to switch homes during the school year and when family and friend interactions are at an all-time high. It is hard to entertain guests when your belongings are transferred from one home to another.
One way you can stand out in a sea of prospective buyers is to send home sellers letters regarding their homes. By taking a quick moment to write a letter to a homeowner indicating personal interest in their house sometimes motivates people to sell earlier. One downside of doing so is that it may indicate a willingness to spend during negotiations, so be careful!
Actively searching for a home is a time intensive process. Finding exactly what you want, at a price you can afford, is difficult on your own and where Global Realty can help immensely to make the process much easier and more enjoyable.
Buy Low, Save Money
Searching for a home during Michigan’s short and cold winter days pays off especially when sellers are motivated to get moving before the end of the year. One indicator of a seller’s urgency to move properties is their interest in timing. Opting to sell a home during the winter months makes it clear that they are interested in moving quickly.
The Best Holiday Treat
Moving into a new home during the holiday season is something special. Decorating for the holidays just after moving into your new home makes settling in a real treat. Take advantage of the season’s ability to improve seller’s moods and move into the home of your dreams. For more information on buying a home during the holiday season, please contact Global Realty.