Buying during the holidays

As the demand for houses remains high and the inventory at a record low, active house seekers may find less competition during the holiday season. However, they probably won’t find prices any more negotiable.

One bit of good news is that many real estate agents may be able to give you a bit more time as they probably will be dealing with fewer clients. At the same time, closing procedures should be somewhat faster. Showings, of course, will depend on the schedules of the current homeowner.

Rental homes could be available as landlords may want a contract in hand for year-end tax purposes. Be advised, though that the competition for such properties could be fierce.

Finally, keep in mind that home buying isn’t likely to improve come spring 2021. For those who can swing it, the holidays may be the best time to buy.

Leave a Comment