Buying a Home in the Winter

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Although moving your life in the depth of winter does not sound to appeasing, it definitely has its advantages.   There are less people looking for homes during winters, which means that there is less competition and therefore less bidding wars and multiple offers.  However, there is also less inventory, which isn’t always a bad thing as in turn could end up saving you a lot of time.
Sellers who list their homes during the winter are quite frequently motivated sellers.  They have a reason to sell – whether it is because they have somewhere else to go or they need to release their property investment.  This could mean that you might get a better price on the home or that the sellers are more willing to negotiate the terms and conditions of the offer.  It also gives the buyers more time to make the right decision.  Working in the busy spring markets you don’t have time to think or you will lose your opportunity.  Homes sell very quickly so you see the home and if you like it, you make an offer right away so that someone else doesn’t get it first.  However, in the winter, you have a little bit more of a grace period to make sure you are making the right choice for you and your family. Sellers also know that the people who come through their homes on snowy, wintery days are serious buyers.  Nobody is there just to pass time and look at some nice homes, but are there to look for their new home.
 

In addition, industry professionals typically have more availability.  This works great for people, especially first time home buyers.  Realtors will be able to really attend to details and make every client a top priority.

All in all, buying a home during winter is a good plan as the advantages outweigh the latter.  If you want to start looking for you new home this winter, please do not hesitate to contact me.

Sincerely,

Astra Mulawka
Better Homes and Gardens
Real Estate - Signature Service
Office:905-896-4622