Real estate wisdom typically tells us that spring and summer are the prime seasons for house hunting and moving. People are more likely to get out and shop when the weather is nice. And sellers know their homes and yards look better when it's sunny. However, there also are some very compelling reasons to buy a home and move during the winter months. Here are the top 4 reasons winter is the time to buy!
1: Only Serious Buyers Are Out
At this time of year, only those purchasers who are serious about buying a home will be in the marketplace. You and your family will not be bothered by mere 'window shoppers'.
2: There Is Far Less Competition
Housing supply always shrinks dramatically in the winter. The choices for buyers will be limited. Don't wait until the spring when all the other potential sellers in your market will put their homes up for sale - also those who sell in the winter are eager to sell, you may find a deal by taking advantage of market conditions which a seller may need to move on their house quicker due to job changes or other factors.
3: The Process Will Be Quicker
It's no secret when the market is busy, so are Agents, Loan Officers and Lawyers. Buying and selling while these parties aren't as swamped will give you even more personal attention and may help speed up the time between contract and closing.
4: Buying while it's cold has its benefits
Looking at house while the landscaping is manicured, the windows are open and flowers are in bloom may not give the true story of a house. By searching while it's cold, you'll be able to see if there are heating/insulation issues, or roofing issues that you may not see during the summer months.
