Why Fall is the Season to Buy!
Its been commonly accepted that the springtime was the best time to buy or sell a home, but that’s not necessarily true. As temperatures drop, so does the competition. Here are more reasons why fall can be the best time for homebuyers:
- Less Competition: Spring is when most people begin their home search, according to the National Association of Realtors (NAR). By the fall, most of these potential buyers are out of the market, leaving more inventory for those who are left.
- Prices tend to drop: The same NAR report also found that prices tend to drop during the fall.
- You aren’t so rushed: When the market is competitive in the spring and summer, you don’t have time to consider your options. Not so in the fall.
- Get an accurate view of the home: When the sun is shining and flowers are in bloom, any home looks great. In fall, you’ll see how the home looks on most days of the year.
- Flexible move-in dates: Because the seller could be more motivated, they’ll likely be more flexible on things like the move-in date. It doesn’t hurt to ask.
- More workmen available: Thinking of upgrades to a new home? Tradesman, contractors, handymen (even moveres) tend to be less busy during the fall and winter.
- Put furniture on your holiday wish list: Your new home has new spaces for you to decorate and spots for new furniture, and those are great items to put on your holiday wish list.
Make this fall your time to buy. Start by getting pre-approved.