It’s pretty common that most people wait until the warmer months to purchase a home. However, that may be a myth because it is our view that the Washington DC and Northern VA real estate markets never sleep. While there can be a lot of drawbacks to looking for a home during the winter months, there’s actually a lot of benefits that can be found during this time of year as well. Here are some reasons why buying a home during the winter months can be easier and provide better opportunities for you.
It’s no secret that the real estate market is very competitive, especially when it comes to a really good home. One good thing about purchasing a home during the winter is that there are not as many buyers looking during this time. People try to stay out of the market during this time of year because of the hassle of moving and they believe that the better deals will come during the summer and spring months. However, this means that there are fewer buyers in the market to compete with. Winter buyers have the advantage of having less competition so when it comes to making an offer on a home, you are more likely to get the home you want for the best price.
Agents Will Work Harder
Due to the real estate market being slow during these months, real estate agents are going to work extra hard to find you a home. During these months your agent has the time to give your case more attention than they would be able to during the warmer months. The leaner months will cause an agent to work a little harder to negotiate a good deal and with slower activity, the pressure will be on to get all the homes sold that they possibly can. This puts winter buyers at great advantage when utilizing the professional advise and guidance of a professional real estate agent.
Sellers Are Motivated
Lower activity during the winter months is bound to make some sellers nervous when it comes to trying to sell their homes. This creates a great opportunity for buyers to capitalize on negotiations with sellers. So while the winter can be a frustrating time for someone selling a home, it can be the perfect time for a buyer to jump into the scene!
While the real estate market is slower during the colder months, it’s actually one of the best times for a buyer to look into buying a home. With less completion, more motivated sellers and real estate agents, you’re sure to find the best deal on your home.
Call or Text Gene Mock, Associate Broker, Premier Team, Keller Williams Realty 703-342-8100 for more information about great real estate in Northern VA and surrounding areas today!