Why Buying a Home During the Holidays Means BIG SAVINGS

End-of-year activities and holiday obligations keep most of us pretty busy at year’s end, but did you know December is one of the BEST times of the year to get a great deal on a house? Here’s why…

• Less Competition – Moving during the holidays is a hassle, which keeps many potential buyers from even looking at what’s available. Shopping for real estate at a time when fewer buyers are in the market can pay off big.
  
  
• Motivated Sellers — December home sellers typically have a strong reason for selling (I mean, who really wants the hassle of having their home open to buyers and other strangers during the hustle and bustle of the holiday season?) These sellers are often more flexible and open to negotiation. Combine decreased competition with motivated sellers and you have great leverage to get a better deal.

• Better Prices — While overall home prices have been rising, December historically has lower home prices than any other month, due in part to the reasons listed above.

• Tax Advantages — Buying now can help you save in April and beyond. Homeownership brings numerous tax perks, from deducting mortgage interest to property taxes.

• Lower Interest Rates — December is a month before the Federal Reserve’s interest rate hikes will likely resume. Mortgage rate spikes can add to your borrowing costs and put some homes out of reach. With rate hikes and home-price increases on the horizon, there’s a lot to be gained by locking in your monthly payment now instead of waiting.

If you find a house that meets your list of must-haves, don’t let the holidays stop you from making an offer! The Rhoades Team can help you find and negotiate a great deal on the house that’s right for you. Give us a call at (713) 515-3463 to get started!