As the leaves begin to change color and fall to the ground, and the air becomes crisp, many people feel the desire to slow down and return to their homes.
During the fall, our home becomes a cozy sanctuary where we light pumpkin scented candles, simmer soups, sit by the fire, and prepare for the holiday season.
But fall and the holiday season can feel a little less heartwarming if you don’t have a home that you love.
Are you thinking about looking for a new home to enjoy the holidays in? You might be surprised to know that fall is actually one of the best times to buy a home. Here’s why!
If you looked for a home in the spring, and felt like you just couldn’t compete, now may be the perfect time for you to get back in the game. Traditionally, less people are looking to buy a home in the fall than the spring and summer. That means you’re less likely to see bidding wars and homes that sell above asking price.
THE RIGHT PRICE
You’re likely to pay less! Many summer listings that are still on the market see a price drop in the fall. Because the market isn’t as competitive, you’re more likely to secure a home in your price range.
There are quite a few new listings on the market right now. New listings are hitting the market weekly compared to the summer, which was a little sleepy. Why? People are back in town from summer vacation and the kids are in school, which means owners can focus on selling their home.
Mortgage rates are still low, historically speaking. But they are inspected to increase. If you’re thinking about buying, I would do it now before rates get much higher.
Property tax and mortgage interest are tax deductible. If you buy a home and make even just one payment before the end of the year, you may get a nice write-off on your income tax. Also, home improvements and closing costs may also be write-offs.
If you’re thinking about buying a home, please call our office at 360-210-4690 or email firstname.lastname@example.org, and we will help you find a home where you can enjoy the holiday season and many falls to come!