House Hunting During the Holidays

This time of year most people are thinking about decorating their homes, hosting gatherings, winding down work projects, or gift giving. That said, there are some definite benefits to being an active buyer in a holiday market. Real estate is cyclical and these big three items remain consistently true in the winter months.

 

Fewer buyers in the market - less competition!

 

Greater negotiating power for buyers - better deals!

 

Sellers eager to close ASAP.

 

With that in mind, here are a few questions to ask yourself or your agent during your December house hunt:

 

• Are the driveways and walkways well-maintained? Is the exterior generally welcoming and well lit?
• Has the home been adequately insulated, and is the HVAC system in sound working order? Are there areas of the house that feel drafty?
• How is the natural light in the home? Given the shorter winter days, ample natural light can significantly enhance your emotional well-being and overall mood.
• Is there any evidence of storm damage within the property, such as water spots, frozen pipes, or roof issues?
• Are the neighbors decorating their homes for the holidays? This is a good indicator of a warm and inviting community.

Worth noting, inventory is at its highest level since before the pandemic so we’re seeing buyers have even more negotiating power than normal. If you’ve been waiting for a “deal,” now is definitely the sweet spot before things pick up in the spring. Reach out and let’s chat about your options!