December 09, 2017

Winter is a Great Time to Purchase a Home!

Winter really can be a great time to purchase a home. Sellers are often more motivated and the holiday spirit just makes people want to be in a home. The combination of fewer buyers and slower business can mean lenders and real estate agents might compete a little harder for your business. Shopping for homes in the winter months also gives you a unique vantage point of a property.

So despite that December is usually when people are looking to deck their own halls—not buy new ones, buying a home in winter can be a smart move. Realtor® Greg Rapp at Wallace Realty, knows why winter may be the best season for buying or selling your home! Give Greg a call at (704) 213-6846 and you'll know why, too!

Many real estate agents will tell you that the holiday season represents a “lull” in the market. But savvy home buyers should look at the advantages of shopping during this season. Mortgage rates are still low - and there are other benefits to home-buying during the “lull” of December through January. 

Why Shop for a Home Now

There is much less competition. People know they are going to be busy or traveling during the holidays, so most deals have been wrapped up or people have put off looking until after the New Year. There are still homes on the market, but not as many people seeking them. This is an advantage to both buyers and sellers.

You might think inventory would be lower in a slow season, but that’s not necessarily true. And those sellers are often highly motivated. The homes available on the market during this season might be the homes that for some reason did not sell during the peak season. The sellers will want to get the deal closed before year end, especially for tax purposes. This is an advantage for buyers, especially if there are points to negotiate.

Some Realtors® love this time of year, because they know that people who are out looking in December are serious. As a buyer, your agent will have more time to focus on you, as opposed to other times of the year when they might be juggling multiple clients. You may not be able to close before the end of the year, but it’s an excellent time to get something under contract.

Buying in winter is also the ultimate litmus test for a home, since all the big systems such as heating, plumbing, roofing and gutters are being put to the test in the cold. Some of the curb appeal may be diminished, but fixing landscaping is a lot less expensive than finding out months later that your furnace doesn’t work.

Moral of the Story 

See what homes are on the market in Salisbury, North Carolina and surrounding areas this winter by calling the area expert Greg Rapp. Greg’s record in selling homes, and finding buyers what they need, is well-known in the area. You'll be HOME for the HOLIDAYS!! (704) 213-6846 ~ Call -OR- Text!



Adapted from an article by Pauline Millard / LearnVest , December 26, 2013, Forbes.com http://www.forbes.com/sites/learnvest/2013/12/26/why-wait-for-spring-winter-is-a-great-time-to-house-hunt/





Greg Rapp 
Wallace Realty Co. 
704 213 6846 Mobile 
704 636 2021 Office 
www.realestatesalisbury.net