Joanne Gerety Rice's Blog
Some people dread winter due to the cold temperatures associated with the season. Yet winter may prove to be an ideal time to purchase a house.
Ultimately, there are lots of reasons to search for a home in winter, and these reasons include:
1. Limited competition for the top listings.
Whereas some buyers search for houses in spring and summer, winter is usually a "down" period for the real estate market. As such, there may be a shortage of buyers searching for residences – something that could work to your advantage.
If you conduct an in-depth home search in winter, you may find first-rate houses at budget-friendly prices. Plus, once you find your ideal house, you can submit a competitive offer to purchase this residence. And as a result, you may be able to acquire your dream home in no time at all.
2. Sellers may be in a hurry to get rid of the house.
Winter is often a buyer's market. If you enter the real estate market in winter, you could capitalize on a seller's desire to get rid of their residence as quickly as possible.
Of course, regardless of when you conduct a house search, you should be diligent. If you assess the real estate market closely, you can identify a house that matches your needs and expectations. Then, you can set up a showing to view this residence. And if you believe this house is the right choice, you can submit an offer to purchase it.
3. You could secure a quality house that you can enjoy for years to come.
The ultimate goal of searching for a house is to find a residence that you can enjoy both now and in the future. If you conduct a search for a home in the winter, you may find lots of great listings at your disposal. Which means you may quickly discover a terrific residence that suits you perfectly.
As you get set to search for a home in winter, you may want to get pre-approved for a mortgage as well. If you meet with a variety of banks and credit unions, you can assess your mortgage options. Then you can select a mortgage and enter the housing market with a homebuying budget in hand.
Lastly, you may want to hire a real estate agent before you start your home search in winter. A real estate agent understands the ins and outs of the housing market and will do what it takes to help you achieve the optimal results. So if you want to acquire a two-bedroom house near the city of your choice, a real estate agent can help you do just that. On the other hand, if you want to purchase a home that provides convenient access to parks and other family-friendly attractions, a real estate agent can help you hone your house search accordingly.
Begin your search for a home in the winter. By doing so, you may soon discover a wonderful house at a price you can afford.
Your EXCEPTIONAL HOME BUYING EXPERIENCE can begin today. Please call or text me at 603-860-8046!