Less inventory - better deals
It's a fact that real estate inventory is down during the holiday season. Traditionally, there are fewer people selling homes and, therefore, less home buying/selling activity. If you find a property you like, you can also expect to find a lot less buyers competing with you. Less inventory can equal less competition...meaning you might be able to negotiate a better deal.
Motivated sellers
People are usually busy during the holidays with shopping, family, and guests. A homeowner that is selling their home during the holiday season might have a compelling reason for it. Perhaps a job change, personal family matter, or something else is driving the decision. If your seller is listing their home during the holiday season, it might be a sign that they are motivated to close a deal.
Tax benefits
If you can itemize deductions, then a year-end home purchase might benefit you by allowing you to deduct things like property taxes, mortgage interest rates, and points paid at closing. If you're a savvy property investor and are buying a home as an investment, you are probably aware of the tax benefits available on these year-end real estate purchases.
Bud Jones - Prescott Realtor wants to help you take advantage of historic holiday home-buying trends, and wants to give you the opportunity to find the best real estate deal of the year. With Bud Jones’ 20-plus years of service as an LA County Deputy Sheriff, and over 30 years’ experience in real estate, Bud can expertly guide you through buying your Prescott home. Contact Bud Jones today at 928-710-0643 to schedule an appointment. Learn more at http://www.budsellsprescotthomes.com.
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