3 Reasons to Buy A Home in The WinterWinter, traditionally is the slowest season in real estate. Less people move during the cold months, what with holidays and children still in the school year, it's no wonder most people move in the Spring.
But winter can be a perfect time to score a home if you can be flexible and bear the cold for the big move.
Here are my Top 3 Reasons to Buy A Home in The Winter!
1- Seller must sell!
- If a home is for sale during December, January or February - then it is very likely that that seller HAS to sell. Again, most people don't want to move in the winter, and showing a home during the holidays is a huge inconvenience, so if you see a home for sale during these months - then you may just have found yourself a motivated seller. 1 Point for you!
2- Less Competition!
- Buyer's don't want to shlep around when its snowing to look at homes. They'd rather stay home on the weekends watching football where it's warm. Unless your market has a very small inventory of homes, you'll be in a better position to negotiate with less buyer competition threatening your home flow. (Hashtag anyone?) Another point for you!
3- Vendor Discounts!
- Did you hear me say less people move in the winter? Well that means that there is less work in the winter for vendors-- especially contractor type workers. This is a great time of year to get your home improvement work done. Painting, refinishing floors, installing granite, upgrading appliances, theatre systems.. you name it! Most vendors will give you a great price to keep them busy when they are their slowest. You'll develop a relationship with your vendors and they can do good work for you because they won't be split between multiple jobs. Hip hip hey hey hey - another win for you!!
I hope my 3 reasons to buy a home this winter helped open your mind to the idea of moving when the weather gets tough --- the tough get moving!
