According to the National Association of Realtors, December can be one of the best times of year to buy a house. Here are a few reasons why:
Less Competition and Better Prices
The holiday spirit is in your favor: many realtors have found that home buyers often do well in the negotiation process during the winter months. And, instead of having to compete with a lot of buyers who are keen on moving in before the school year begins in the summer months, the dip in demand actually pushes prices down and can create a mini buyers’ market.
More Time to House Hunt
The time off around the holidays gives buyers more time to explore and search for specific wants. Instead of using up weekends and skipping out on things, house hunting can be done during vacation making it more leisurely during the holiday season.
While we are still waiting to see how tax reform bills will play out in the conference committee, home buyers this year can still deduct property taxes, mortgage interest, and other costs.
In Florida, winter is a great time to move. The hot summer months can make it difficult to carry furniture and do renovations, but the winter season is very favorable and allows buyers to enjoy redecorating their new home.