Top reasons to purchase a home in the fall

Real Estate Matters
By Elisa Jo Eagan

As we have wrapped up the 13 weeks of summer, the children have now gone back to school and we are getting back to fall routines, autumn breeze and autumn leaves.

The majority of buyers assumes that they will be unable to find a house that fits their needs during the fall, hence the mad rush during the spring and summer. However, this couldn’t be further from the truth. Here are many reasons why, as a buyer, you should disregard the myths and make a fall real estate purchase.

Star of the Show 

The real estate market starts to clear out as soon as the weather turns crisp. The majority of warm-weather buyers may have already found a home, meaning in some cases, as a fall buyer, you may have less competition for the available homes on the market that spark your interest.

Exhaustion is Real

Not every home on the market has multiple bids and sells immediately. Countless showings may make for a tired seller. After a few months on the market, lingering summertime sellers may be ready to sell, and this may put you as a buyer in a better position to negotiate a price that fits your budget.

Home for the Holidays

Fall is the perfect time to house hunt. It is a wonderful time to get into your new home just in time to celebrate and enjoy it with the family for Thanksgiving and the holiday season. Sellers are delighted to have a quick closing, and as a buyer, you are able to use this time crunch to your advantage.

Season of Savings

After settling on a new home, furnishing it is certainly next on your list. Fortunately, December proves to be an ideal time to purchase large-ticket items. According to Consumer Reports, appliances like refrigerators, stoves, washers and dryers are at their cheapest. As a buyer, you can also snag great deals on furniture and home decor during end-of-year sales.

If you are serious about moving, there is no reason to wait until spring. With just a little patience and persistence, you can be in your dream home before the holidays. Mortgage interest rates are the lowest they have been in months, creating savings opportunities. New inventory is coming on the market every day.

Pumpkin spice makes everything nice!

For real estate information and advice, contact Elisa Jo Eagan, the “Real Estate Godmother,” at 609-703-0432. Learn more at www.TheRealEstateGodmother.com.

For More Real Estate Questions, Information and Advice Contact Elisa Jo Eagan “The Real Estate Godmother” (609)703-0432 and Remember…”There’s No Place Like Owning Your Own Home!”

 

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