Home Buying During the Holiday Season ~ Santa Monica Real Esate
With low mortgage rate and home prices, there is no question that it is a buyer’s market. Fox Business reports that applicants may run into more obstacles when buying during the holiday season, but a move-in date before the first of the year isn’t completely out of the question.
The housing market is typically less active during the holiday which sometimes motivates sellers to drop prices lower or accept offers more quickly. Buyers would just have to deal with moving in the winter weather and having less of a variety to choose from, as there are less listings during this time of year.
Buyers should still invest in having the home inspected, and keep in mind that workers will most likely have time off for the holidays. Fox also suggests that buyers should have a go-getter mentality while remembering that the home buying process requires a lot of detailed documents.