4 Reasons to Buy a Home This Fall

Buying a home in the fall is a smart idea for a number of reasons. One of these is that you’ll face less competition for homes from other buyers.

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A lot of people look at fall as a bad time to buy a home. In reality, there are pros and cons to buying no matter what time of year you’re looking. When we look at the fall market specifically, there are four big advantages:

1. Lower prices. Prices usually rise in the spring and summer months, then flatten out in the fall and winter. You don’t see a lot of skyrocketing sale prices during this time and things tend to slow down a little bit.

2. Less competition. When you sell in the fall, there are fewer buyers out in the market for you to compete against. A lot of people who have been in the market have either already purchased a home or are waiting until next spring. Less competition gives you a better chance at finding your perfect house.

This is a great time to get a good deal.

3. The holidays are right around the corner. A lot of sellers don’t want to have their homes on the market during the holidays. If you are looking to shave a little bit of money off your purchase price or move quickly, fall can be a great time for you to accomplish these things.

4. There could be some year-end tax credits. When next April rolls around, you can write off some of the closing costs and your mortgage interest to offset your tax bill a little bit.

If you have any questions for us about buying a home in the fall, don’t hesitate to give us a call or send us an email. We would truly love to hear from you.