Your one-stop destination to learn about all things Real Estate

8 Reasons to Buy a Home Now and Decorate for the Holidays Later

Ahhh, the holiday season! A time to settle in, get festive, focus on loved ones and... buy a new home? While most are shifting their focus to the hustle and bustle of the holiday season you're scouring the web for your new home. Surprisingly, the holidays can be a great time to buy! You will, however, want to keep a few things in mind during the process.

reasons to buy a house during the holidays

8 Reasons to Buy a House During the Holidays

A less competitive market

Most people don't want to house hunt around the holidays and may even take a "break" from their search to enjoy the holidays โ€” after all, can you blame them for wanting to change into stretchy pants and enjoy the never-ending parade of food that accompanies this time of year? But, if you are one of the brave souls who decides to go about your home search anyway, you will gain an immediate advantage. This advantage comes from being a buyer amid sellers eager to sell their home when those looking to buy are a bit more scarce. Buying at this time of year will allow you to just miss the slew of homebuyers that are likely to resurface come the beginning of a new year (very possibly, still in stretchy pants ๐Ÿ˜œ).

Sellers are usually very motivated

Most sellers who list their home at this time of year are not selling simply because they want to. There is likely a bigger cause such as a relocation, job change or the possibility that their home didn't sell quite as quickly in the fall as they had hoped. Regardless, a holiday seller is usually no-nonsense and may even be more willing to negotiate in order to complete the sale before the new year.

Real Estate Agents are eager to finish deals

Most home buying and selling will ease off around holidays, but Real Estate Agents still need to make money, which means they need clients! While some Real Estate Agents will take a (very) short break to celebrate the holidays, many are still hustling hard! To top it off you will likely get more focused attention from your agent as they are not working with as many clients.

Home prices are often priced a bit lower

Since the market usually becomes more favorable to buyers during the holiday season, to stay competitive, the cost of homes are usually lower than what they may be at other times of the year. Plus, regardless of cost, sellers are more likely to negotiate at this time of the year meaning you could end up with a deal that you wouldn't have found at any other time.

You can typically expect faster closings

While sometimes buying a home over the holidays can encounter issues (like your preferred inspector taking an extended holiday vacation) in most cases closing on a home can happen much more quickly than usual. This is because everyone involved in the process will want things tied up before the beginning of the new yearโ€” so they may be more motivated to push through to completion on a quicker than usual timeline.

reasons to buy a house in the winter

Buying a home can help with year-end taxes

There are many advantages financially when buying (and selling) a home at the end of a year. You will likely be able to write off some of the associated moving expenses on your taxes and being a homeowner allows for multiple tax benefits. Also, many states offer a homeowner's tax exemption and by closing on a home by December 31st you can lock in those tax savings for the year.

A more practical view of the home

It's easy to make a home look stunning in warm weather when the front lawn is lush and green, landscaping is beautiful, and the sun highlights everything perfectly (indoors and out). But, during the dead of winter, you won't be distracted by all the frills and can focus on the "bones" of the house. You will also have the opportunity to check for potential issues with the home that are only identifiable in the cold months โ€” maybe the upstairs doesn't heat well or the windows have a big draft. However, keep in mind that on the flip side you could miss some things that are more noticeable in warm weather, like the deck that needs to be replaced hidden under a heap of snow.

Hooray for end of the year seasonal sales

Hello new sofa that perfectly fits your new living room space โ€” and why not add a new area rug and side table as well?! Seasonal sales at this time of year will be a lifesaver if you need to amp up or change your home dรฉcor for a new space. Many stores will have items on clearance to make room for next year's model, not to mention Black Friday and Cyber Monday deals!

While the homebuying journey is an exciting adventure at any time of the year, adding a little holiday magic can make it that much more special! Not to mention you can reap all of the benefits that come with buying a home over the holidays. So what are you waiting for? Go ahead and add a new home to your wish list this year. After all, what could be a better gift for the holidays than a new home โ€” even if it doesn't quite fit under the tree. ๐Ÿ˜‰๐ŸŽ„๐Ÿ 

Ready To Become A Smarter Homebuyer?

By signing up, you agree to Nestiny terms of use .
Whether you need a step-by-step guide, video resource or one of our many helpful tools, Nestiny has your back 24/7 for all things home buying and selling. You choose the pace, material, and when and where to learn. Unlock your free access to Nestiny today!
Are you a real estate professional? Go here .
By clicking this button, you'll enjoy free unlimited access to Nestiny and agree to our terms of use . And don't worry! Nestiny will not share your information with any parties without your consent.

You might like :

โœ–

Ready To Become A Smarter Homebuyer?

By signing up, you agree to Nestiny terms of use .
Whether you need a step-by-step guide, video resource or one of our many helpful tools, Nestiny has your back 24/7 for all things home buying and selling. You choose the pace, material, and when and where to learn. Unlock your free access to Nestiny today!
Are you a real estate professional? Go here .
By clicking this button, you'll enjoy free unlimited access to Nestiny and agree to our terms of use . And don't worry! Nestiny will not share your information with any parties without your consent.