The holidays are a great time for parties, shopping, and home buying! If you are in the market for a new house, this time of year may be the best time to acquire your dream home. Here’s why.
Holiday time is a busy time for everyone. Luckily for homebuyers, this means that the competition slows down. While most people are enjoying holiday festivities, serious buyers can explore the market without a lot of others doing the same.
A Necessity to Sell
At the end of the year, many sellers are looking to move their property off the market quickly. There may be an extra motivation due to the need to relocate at the beginning of the year. This incentive to sell benefits a buyer by allowing for a better deal on a home.
Because sellers need to get moving, buyers are more likely to experience a faster closing at the end of the year. Lenders want loans on the current year’s books, and most want to get the sale complete quickly. This means home-buyers can get into a new home faster.
For professional advice on all aspects of buying or selling real estate, please contact me at firstname.lastname@example.org or 305-960-2575, or come see me at the Compass office located at 2550 South Bayshore Drive, in Coconut Grove.