3 Benefits of Buying in the Fall
Just because there may be fewer homes on the market during the fall months does not mean that it’s a bad idea to consider buying. There are benefits to braving the housing market after both the weather, and buying rush has cooled down for the year. Here are a few benefits of buying a home in the fall.
Let’s Talk About Price
When people list their homes for sale in the spring and summer, they’re more likely to ask for a higher price. This is because more people are in the market looking for homes during the warm seasons. If a home has been on the market since, or goes up for sale during the fall, you’re more likely to stumble across a more reasonable asking price.
Holiday DIY Deals
If you’re in the market to buy a home which needs a little TLC, either to save yourself some money or to really make it your own, buying in the fall might be an excellent idea. With winter holidays coming up in the distance, many home improvement and furniture stores will have deals and promotions which will make furnishing and updating your home more financially reasonable.
Calmer Waters in the Market
Perhaps the best reason of all to shop in the fall, there is less competition. Though there may be fewer houses on the market during these months, there is also an absence of the bidding wars typically seen during the spring and summer. More people are getting their finances in order to prepare for the holidays, and expenses related to spending time with family. Looking for a new home in the fall might make the process feel like much less of a rush.
With this in mind, buying a new home after the leaves have changed colors and fallen from the trees isn’t a bad way to go. If the house closes quickly enough, you might find yourself in a new home just in time for the holidays.
Let my team at Keystone Realtors meet all your real estate needs. I have over 14 years of experience in buying and selling in the Santa Clara and San Mateo County areas, specializing in the high-end, luxury market. Visit our website at http://www.paulphangureh.com/ for listings and information. You can contact me at 650-924-2544, or emailat [email protected].