8 Reasons To Buy in the Fall Market!

- There are fewer shoppers
If you can wait out the market and jump in after the spring and summer rush, the benefits are far more than more elbow room at the open house.
- Prices tend to drop
The NAR report shows sales dipping once the temperatures dropped
- You’ll be able to take your time
Buying a home is usually one of the biggest financial decisions you’ll make in your life. You don’t want to rush into anything, but if you’re competing with many other eager home buyers, you may not have much time to consider a home before putting in an offer. You won’t feel that pressure during the fall.
- Get a more accurate view of the home
When you see the home during the fall, you may get a chance to get a more accurate view of the home. You could see how the yard looks when the flowers aren’t blooming and the leaves have fallen off the trees. You may be able to see deficiencies in the home that the landscaping was covering during the summer.
- More attention from agents, appraisers, loan officers and others
With fewer sales happening in the fall, you’ll have more of your agent’s and loan officer’s time and attention, and appraisers are more likely to be able to see your home sooner.
- Flexibility on moving dates
Because the seller could be more motivated in the fall, they’ll likely be more flexible on things like the move-in date. It never hurts to ask!
- More workmen available
A lot of renovation projects happen in just-purchased homes, and they’re not all of the whole-home, fixer-upper variety. Work for the tradesman, contractors, handymen (even movers) you’ll need tends to slow up during the fall and into the winter. Meaning you won’t have to wait as long to make your new home your dream home once you move in.
- Put your new furniture needs on your wish list
Another nice thing about buying a home in the fall is that it’s almost holiday season. Your new home has new spaces for you to decorate and spots for new furniture, and those are great items to put on your holiday wish list.
In summary; savvy home shoppers know that fall is just as great a season to buy a home as the spring – if not greater! There are great houses to look at, let me know how I can help!
Barry~