Friday, December 05, 2003

Buying and selling a home during the holidays

Our thoughts on buying or selling a home during the holidays.

People looking to buy a home during the holidays:
. are serious buyers
. may buy for tax reasons
. may make a more "emotional" purchase due to the season
. are competing with fewer buyers
. may be dealing with a more serious seller
. may receive better service and rates on their loan as mortgage applications are slower, as well as on related services

People selling a home during the holidays:
. are serious sellers
. are competing with fewer listings
. have a home that is decorated for the holidays and festive
. may benefit since sales can be historically lower in January and February
. will be able to buy in spring without having to wait for their home to sell
. may need to adjust the showing hours of their home to accomodate the holiday season

We sell homes over the holidays! Timing is everything, and if your home is out there right now . . . buy. And, if your buyer is out there right now . . . sell. There's no wrong or right time to buy/sell real estate. The right time is when it works for you!

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