There are many opinions on when the best time to buy a home is. Although spring tends to be the most popular, buying in the late fall/winter months can be ideal for buyers to get the best deal.
During these typically dreary months, there tends to be less competition in the market. This is an advantage for many reasons. Though these buyers will be more serious, you will be in a better position to get a better deal since there is less of a demand.
Also, you will be the center of agents’ attention. Real estate agents, mortgage brokers and even moving companies are ready and able to give you a quick and personalized experience.
This leads to a second major advantage: better opportunity to negotiate. At this time of year, homes tend to stay on the market longer. Typically, the deal you are able to get directly correlates to how long the house has been available. This gives you a chance to negotiate the sales price, closing costs and other added benefits.
Sellers at this point also tend to be worn out. According to Time.com, “Some sellers who put their homes on the market during the prime selling times of spring and summer might have been a tad overconfident by listing their homes for more than buyers were willing to spend.” This makes them eager and possibly even desperate to make a deal.
So what are you waiting for? Now is the time to take advantage of this ideal buying time! To get started, reach out to us today at (703) 405-5182.