Why Buying a Home in the Fall is a Good Idea
Many people buy homes in the spring and summer. That’s why it’s considered peak real estate season. There’s tons of competition and chaos during those months, and buying a home during that time can be increasingly stressful. As we head into fall, it’s important to consider the benefits of buying a home at this time of year. Here are the best things about buying a home in the fall.
5 Important Things About Buying a Home in the Fall
Sellers Are Serious
Just because a home is on the market in the fall, doesn’t mean it’s leftover from summer inventory. It may be that the seller got a new job and needs to relocate unexpectedly. Or maybe the home was being renovated and is now ready to be put on the market. Sellers with homes on the market at this time of year are typically serious. You can take advantage of that when buying a home and possibly negotiate the sale price of the listing.
Many people consider fall an off-time for real estate. But if you’re a buyer, competition for homes decreases in the fall. This is because much of the inventory is either new or re-positioned inventory from the spring and summer. This puts you as a buyer in a great position. Sellers that have their homes on the market at this time most likely want to sell before the holidays. You can use this to your advantage during negotiations and possibly purchase your home below the listing price.
End of Year Sales
When you buy a new home, you’ll most likely need to buy some furniture pieces or things for your new space. Fall is a great time for sales. You just made a huge investment, so making other purchases so quickly can seem impulsive. But purchases out of necessity for a discounted price aren’t impulsive. Every department store and online shop will be having a sale for the holidays. Maximize your dollars by capitalizing on end of year sales.
You’re Offer May be The Center of Attention
Spring and summer are busy times of year, especially for real estate agents. When you buy a home in the fall, there’s less action, which means there’s more time for your agent to spend with you. When you buy a home in the fall, there’s less competition so your agent can leverage that when helping you buy your home.
Buy a Home in Orange County This Fall
If you’re ready to make Orange County your home, Rosemary Hieber can help you. With more than 21 years experience and $300 million sold locally, she is an expert in Orange County real estate. She will guide you through the process and help negotiate the home of your dreams for a fair price. Contact her today to find the home that’s right for you.
- M: 949.285.3215