Fall is a Great Time to Buy a HouseTerry Riffe | October 26, 2015
Sellers are motivated, wanting to close before the end of the year. A home seller would probably like to take advantage of a gain or loss during the tax year. You may find homeowners looking to make deals so they can close before December 31.
You have fewer buyers to compete with. You will likely notice fewer buyers at open houses, as many families have taken themselves out of the search market since school started. This means less competition and translates into more opportunities.
Price reductions on the leftover Spring inventory. Sellers that listed their home in the Spring and are still holding on to it are reducing their prices. Whether they listed too high to start with or are ready to let it go below market value, either way, it creates a great situation for those looking to buy.
Are you ready to purchase a home? I’d be happy to assist you. Email me An@OrlandoVacationRealty.com or give me a call 1 (407) 800-0888.