Real Estate Matters
As we wrap up the 13 weeks of summer, the children go back to school and we get back to fall routines, most homebuyers assume that they will be unable to find a house that fits their needs during the fall.
Nothing could be further from the truth.
While spring and summer are known for their mad rush of real estate activity, there are many reasons why you should consider making a fall real estate purchase.
Star of the show
The realty market starts to clear out as soon as the weather turns crisp. Most warm-weather buyers may have already found a home, meaning in some cases fall buyers 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, which may put buyers in a better position to negotiate a price that fits their budget.
Home for the holidays
Fall is the perfect time to house hunt. It is a wonderful time to go to closing, celebrate and enjoy your new home with the family just in time 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 best advantage.
Season of savings
After settling on a new home, furnishing it is certainly next on your list. Fortunately, December is an ideal time to purchase big-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 Thanksgiving, the holidays and before the start of the new year. Mortgage interest rates are the lowest they have been in months, creating savings opportunities, and new inventory is coming on the market every day.
Remember – Pumpkin spice makes everything nice here in our Shore Local area.
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!”
