1. There are fewer buyers in the marketplace. Only serious buyers are out during the holidays and are willing to make a move during the holiday and school seasons. The reason why fewer buyers is a good thing is that it means less competition and less opportunity for multiple offer situations.
2. Sellers who still have their houses on the market during this time are serious about selling. Traditionally, the sellers that aren’t pushed or motivated to sell will take their homes off the market during the holidays and early parts of the year and look to put their house back on the market during the springtime. That opens up a great opportunity from a buyer’s perspective to know which sellers are serious about selling and which ones would merely like to sell.
3. Sellers are more motivated, which means they’re also more flexible in price. This won’t be the case every time, but a majority of the time you’ll find that those sellers want to get out of their home by a certain deadline, and they can’t waste any days not being on the market. These reasons are why being in the marketplace as a buyer during the fall and winter months is a great time to pick up houses for a little bit better price, compared to waiting until the springtime. If you have any questions, please feel free to contact me. We’d be more than happy to answer those for you. If you found this helpful, you’re encouraged to pass it along so that we can also help your friends and family.
"ONLY SERIOUS BUYERS ARE OUT DURING THE HOLIDAYS AND ARE WILLING TO MAKE A MOVE DURING THE HOLIDAY AND SCHOOL SEASONS."