Did you know that you can buy your home in winter and save?
While many home sellers and purchasers leave the important decision of buying a home in the warmer months, there are some important advantages of purchasing a home in winter.
Less Homes on the Market
Less homes on the market means less buyers, and you can use this to save you money.
With competition down, home sellers may be interested in taking less.
You can negotiate a better price, and the seller gets a quicker sale.
In a report, NerdWallet.com research showed that the cost of homes dropped 8.45% on average during January and February than they did in June through August.
For a $150,000 home, that’s a savings of over $12,000.
Shorten the Purchasing Process
As well, purchasing a home in winter can be quicker.
There are less people wanting to see a home, which makes potential buyers a rare breed in the real estate market.
As well, people selling their home in winter are usually compelled to for reasons out of their control.
The seller may need to move sooner because of work or family reasons, for example.
If you are considering moving to the San Luis Obispo area or you are looking for an investment home, then take advantage of buying in winter â€“ you may be pleasantly surprised.
If you would like to have a quick chat about a home you would like to sell or a referral that you have for us, please do reach out to us – email@example.com or Phone: 805.441.0943
Carrie and Eric Kimmell