Why Winter Can Be the Best Time of Year to Buy a House

January 7, 2020
Author: New England Home Mortgage

Winter offers homebuyers many advantages: less competition, more motivation from sellers to strike a deal and greater availability with real estate agents.

Everybody knows spring and summer are the home-buying seasons, and winter is the time when you and sellers cool it for a bit and take a break, right? While it's true that things tend to slow down in the winter, that's not necessarily a bad thing. Yes, it's cold. Yes, fewer homes could be for sale. Yes, moving in a snowstorm is a pain no one should experience.

But there are quite a few smart reasons to buy a home in the winter. In fact, this might even be the best time to buy a home if you can.

There's less competition
Not everyone's willing to look at homes in single-digit temperatures

Sellers are motivated

Most likely, sellers listing their home in the depths of winter seriously want to sell.

You can put the house through its paces

In most climates, winter puts stress on the home. That gives you the perfect opportunity to evaluate the property under the worst conditions possible.

You can enjoy last-minute tax savings

If you're purchasing your first home, buying in the winter gives you a few extra months of potential tax deductions.

So brave the cold, put on a winter coat, and get out there and house hunt. Temperatures are low and so are interest rates.

Contact us to get pre-qualified today so you can start shopping

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