There are plenty of positives to buying a home during the holidays that may make the headaches of moving worth the effort, including:
1. Less Competition – The same issues that make holiday moving a hassle tend to keep people from shopping for homes at that time. While there may be fewer homes available, there are also fewer homebuyers – and that should equal less competition for any home that fits your needs.
2. Motivated Sellers – It’s likely that people who are selling their homes over the holidays are highly motivated to do so. Combine motivated sellers with decreased competition and you have great leverage to get a better deal.
3. Lower Prices – Home prices have been rising rapidly, in part because of an overall shortage of homes.
4. Faster Closings – As a general rule, everyone involved in a holiday real estate transaction wants to complete the transaction before the year ends. Motivated parties should make the closing process go as smoothly as possible – but do your part by having all the required paperwork in order.