Should You Buy a Home During the Holidays?

If you want to celebrate the holidays by pausing your home search until next year, you may be missing an excellent time to buy a home.

Homes on the market during the holidays have typically been for sale for a while. They could be overpriced or in less than move-in condition. The owners could be recent heirs, landlords, work transferees, divorcees, widowers, etc. What these homes have in common are highly motivated sellers.

As other homebuyers sideline themselves, you’ll also have an easier time shopping for homes and service providers like home inspectors, mortgage lenders, contractors, movers, and others. And you can save money – homes typically sell for more in the spring and summer than in the winter.

Lastly, closing your home purchase before January 1st gives you an extra year of tax deductions and benefits. If you close after that date, you must wait until the following year to claim benefits.

Different seasons offer different advantages, but the holidays can be uniquely beneficial.

Buying during the holidays could be the gift that keeps on giving. With fewer buyers in the market and motivated sellers eager to make a deal, you might find opportunities others overlook. A Forever AgentSM can help you navigate the season strategically and make your move with confidence. Call today at 303-905-8850 or visit BHHScoloradorealestate.com to find a trusted agent at Berkshire Hathaway HomeServices Colorado Real Estate.