You’ve probably heard that spring is the busiest home buying season and, while true, it doesn’t mean that buying in its sister season of fall isn’t a great option. Fall not only ushers in a new crisp and cool season but also brings several benefits for home buyers looking to purchase.
With so many families focused on settling back into the school year, there are less buyers in the market actively looking for homes in the fall. This means reduced competition from other buyers and a better negotiation position with sellers who aren’t seeing the strong activity and interest in their home.
All of those homes listed in the spring and summer season that didn’t sell means serious sellers who are ready to negotiate and sell their homes before the holiday season and year end. Sellers who have survived the busy season are now facing a slow down in buyer activity. This, coupled with an ongoing desire to move on to their next chapter puts buyers in a strong position to negotiate with these owners.
For you, as a buyer, buying before year end means tax advantages for this fiscal year. Home owners can take tax deductions for mortgage interest, real estate taxes and home improvements. In addition, you can receive credits for qualifying energy improvements made to your new home.
As you think about home improvements for your new home, buying in the fall also offers you one of the best times to purchase new items. According to Consumer reports, December is the best time of year to get great deals on major appliances, cookware and tvs to help you outfit your new home.
With all these great benefits of fall home buying, now is the time to take advantage of strong home inventory and perfect fall home shopping whether to find your new home. Call our Outer Banks Realty Solutions team today at 252.261.9003 to schedule time for us to show you the great options on the market.