There are distinct advantages to buying a house in the
winter.
Yes, it’s true - most people buy in the spring and
summer. And, real estate agents encourage their clients to list during those
seasons when demand is high. But various circumstances sometimes make that
impossible, making winter an ideal time to buy. Unlike the warmer months when
the market is full, your options might be less…
BUT: Lower Demand = Less Competition = More Deals.
How to Rock the Winter Market:
Sellers are often MUCH more motivated in the winter when
sales can be sluggish. They may be willing to negotiate. You can ask for deals
on price, closing costs, closing date or even terms of the sale including
things like appliances or other household items. Sellers might have preferred
to sell in the spring or summer, but have various situations that dictate a
winter sale, such as a job in a new location, a divorce, financial issues, etc.
Perhaps the best part of buying during the winter is that
there’s a good chance your realtor has more time to devote to working hard for
you. That kind of undivided attention is not so likely during peak selling
months.
So, bundle up. Decide what kind of home you are hoping to
find. Talk to your realtor about your needs and wants and go find a beautiful
bargain!
