Is buying a home in December a good idea?

Is buying a home in December a good idea?

The research is in from Realtor statistics, mortgage trends and builders:  December is a great month to buy a home.  Here is how December can work for you:

1.       Those selling in December are often very motivated, which can lead to lower prices.  You could be doing them a huge favor and getting a great deal at the same time.

2.       If you close before the end of December, your mortgage interest, loan points and property taxes can be used to offset this year’s taxes (see your accountant for confirmation and details).

3.       You can lock into lower mortgage interest rates before next year. 

4.       Builders often will offer additional incentives and upgrades at year end to clear out inventories and meet their sales goals, you just need to know how to ask and where to look.

5.       There is less buyer competition in December, so you are much more likely to get that amazing home you’re dreaming of in those highly competitive price points!  Many of these principles apply in January too.

Please feel free to call, text or email with any questions you may have about real estate.  I’m always happy to help and respond quickly.  

Merry Christmas!

Mike

 

Our commitment is to help you make informed decisions, protect you from potential pitfalls and get you the best possible price for your home when buying or selling. We do so with the utmost concern for you, your family, and your unique situation.

 

Mike Rowe, REALTOR®, ABR, NHC, CRLS

Rowe Real Estate Group | JP & Associates Realtors - Southlake
817-606-7171
MikeRoweRealtor@gmail.com
www.facebook.com/RoweRealEstateGroup
RoweRealEstateGroup.com

Serving the DFW metroplex.  BS Finance, BS Real Estate, Certified Residential Listing Specialist (CLRS) and Accredited Buyer’s Representative (ABR), New Home Construction Certification (NHC). 


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Dated: December 6th 2018
Views: 182
About Mike: Mike Rowe is committed to helping you make informed decisions, protecting you from potential pitfall...

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