This is a great time of year to buy a home, and to sell a home for that matter.  Both options have benefits to them that don’t exist during other times of the year.  Here’s a short list of advantages for both buyers and sellers:

 

BUYERS:

  • Less competition so not as many multiple offers to compete with, making sale prices lower this time of year
  • Lenders are less busy, making transactions go more smoothly and deadlines are met more easily
  • More leverage as there are less buyers to compete with
  • Sellers are motivated to sell if their home is for sale during the holidays, making it more likely you can move in faster

 

 

SELLERS:

  • With rising interest rates, there’s more urgency for buyers to buy right now
  • Less competition
  • Smoother transactions with lenders for quicker closing dates so you can move out sooner
  • More serious buyers who want to close fast
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