Why Fall Could Be the New Spring for Homebuyers
October 14, 2024
Why Fall Could Be the New Spring for Homebuyers!
The spring has always been considered home buying season, but individuals may benefit by getting a jump start this fall. Buying a home during the fall comes with several potential benefits.
Most importantly, buyers can sometimes find lower prices on homes from sellers looking to offload homes and expenses before the winter months. That’s particularly true around November as “snowbirds” make plans to leave New Jersey and the Northeast for the season. In addition, often there is less buyer competition as families with children are less likely to be looking for a move once school has begun for the year.
In addition to finding potential good deals on the home itself, many retailers feature seasonal sales which allow homebuyers to save on items such as home furnishings, décor, and even technology for the new home. Black Friday deals and holiday shopping season aren’t just for friends and family on the gift list, but also give new homeowners the chance to give themselves some nice home gifts at a bargain.
Beyond just price, many times buyers find that they can get better service during the fall season. Frequently, with the rush of spring in the past, sellers, agents, and attorneys can all afford to be more attentive as professionals attempt to provide their services while fewer transactions are taking place.
Remember, it’s not just the leaves that fall in the autumn, it’s also a time where available property listings could see material price decreases! So don’t despair if Spring has past, the fall could be another season to capture the home of your dreams and at more favorable terms!
If you're considering a fall purchase and need assistance with a home loan, visit us or contact me directly. I'm here to guide you through every step of your homebuying journey.
Written by Chris Walsh | Mortgage Advisor
About Chris:
With a degree in Economics and over 25 years of mortgage origination experience, I can help you achieve your goal of homeownership. Whether you are a first-time homebuyer, trading up, or buying a vacation home, I will leverage my knowledge to provide expert advice throughout the entire mortgage process, from pre-qualification to closing. My goal is understanding your goal, and helping you achieve it. Contact me to get pre-qualified or for a free mortgage review.