Tis The Season

Even in the greatest exuberance of a seller’s market, there are seasonal changes in real estate transactions. Historically, the time between Thanksgiving and the beginning of the new year is a great time to be a buyer. Why? It just seems as though most people are busy doing other things than house shopping. The downside for buyers, in a seller’s market, is that inventory is usually low and not many people put their homes on the market during this holiday season. 

Fast forward to today’s market, where inventory is high and buyers are scarce…and now we have the holiday season. It’s a great time to consider a house purchase. You’ll be most successful if you concentrate on homes that have been on the market for at least six weeks and if the property is vacant, that usually indicates even more chance for a “deal” to be made with a serious seller. 

Either way, enjoy the holidays….and there’s still time to enjoy them in a new house!