The year is winding down, and as your list of items to finish up gets longer and longer, perhaps the last thing you would consider adding is looking for a new home. But it’s worth considering. Experts say that during the holidays, you can take advantage of some attractive discounts when it comes to real estate.
If you have been considering purchasing a new home, now is a great time to look around. While there is historically less traffic at this time of year, it can bode well for serious shoppers. And serious sellers too. Those who put their homes on the market and expect them to move are much more inclined to lower their prices and make concessions. In fact, during the slower winter months and around the holidays, the average home seller will reduce their price by approximately $2,000 to $10,000.
If you’re qualified and express interest, chances are you can find a motivated seller who will extend you the holiday discount you’re looking for. With the Realtors® and mortgage lenders having less on their plate and less buyers to compete with, the home buying process can actually be less trying and more enjoyable than any other time during the year.