Buying a Home During the Holidays

This is your complete guide to buying a home during the holidays! We know you have questions, and we’re here to help.

Many homeowners want to put their house on the market in the spring, so they can move in the summer. There are many reasons for this, but a popular idea is to move after children are finished with the school year. For most families, the summer is more flexible, so this gives the incentive to move during this time. Because of this, the housing market gets overly saturated and competitive, leading to potential problems for home buyers and sellers. Here are a few reasons why the winter months are better to buy and sell.

• Fewer buyers on the market

You might’ve guessed that contrary to the summer craze, the winter months are slower. You would be right! With fewer buyers on the market, you’ll have less competition. This could also help slow down the process. Home buying can be overwhelming, especially when you have to move through decisions quickly. With less buyers putting offers on your dream home, you’ll be able to give these decisions more thought with less pressure around you.

• Homes are priced lower

If a seller hasn’t sold their house by end of summer, they are desperate to get it off the market. This leads to a drop in housing prices, and could benefit you as the buyer! Sometimes sellers can even be more agreeable, and easier to negotiate with during this time of year.

• Available real estate experts

The slower winter months cause a decrease in sales for realtors. This gives you two great perks. One, there are more realtors available to help you with your home buying. Two, realtors are willing to negotiate on price, because of the lack of buyers. There is no doubt, the best time to work with a realtor is during the holidays.

There are many perks in buying a home from October to January. However there are a few cons, so be cautious of these too. We are Kallam Realty Group, and we’d love to help you find a home!