Market Update November 29, 2022

Should You Buy During the Holidays?


Here are three reasons why it’s a great idea to buy during the holidays.

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We often get asked whether people should buy a home at the end of the year during the holidays or wait until the new year. Right now may be the perfect opportunity to find the right home for yourself and your family. Here are a few reasons why:

1. Less competition. Many people are of the mindset that the holidays are a bad time to buy, so you’ll usually find fewer people to compete against for houses.

2. Better pricing. Sellers whose properties have been sitting on the market for a while might need to sell now that it’s the end of the year and lower their prices, giving you a great opportunity.

  Right now may be the perfect opportunity to find the right home.

3. Low interest rates. This is the main reason you should take advantage of the current real estate market. Interest rates are amazingly low, and if you can lock one in for 30 years, you’ll be in an excellent position moving forward.

Remember, It doesn’t hurt to get out there and look around, but it could hurt if you don’t and someone else snaps up the home that could have been perfect for you. If you’d like to get out there and see if we can find your dream home or have any questions, give us a call or send an email. We would love to help you.