If you’re ready to start your home search but feel like winter isn’t a good time to do so, you may want to reconsider. You don’t need to wait for spring or summer to get a great deal on your next home. In fact, there are three key reasons why you should consider making your move this winter:
1. There are fewer buyers on the market. This means you can go about your search without worrying that you’ll wind up in a bidding war. Less competition means a more relaxed house hunting process.
2. Sellers are more motivated. Due to the lack of buyers on the market over the winter months, sellers will tend to be more flexible in negotiations at this point in the year.
3. Interest rates are on the rise. Though the current interest rate of 5.3% is still historically low, it’s part of an ongoing upward trend that is sure to continue into next year. This means now is the perfect time to lock in a favorable rate before they go up any higher.
If you have any other questions or would like more information, feel free to give us a call or send us an email. We look forward to hearing from you soon.