Looking to buy a house in the Winter? Smart move!
It may seem counter-intuitive to begin your home search in the winter months here in balmy Minnesota. But actually, there are some advantages. Here are 3 reasons why now is a perfect time to find that ideal home!
1. Sellers are motivated. Due to the lower activity in the market at this time of year, sellers may be quite motivated to negotiate. You might find yourself getting a better deal on closing costs, closing date and even the selling price itself. The seller may have just gotten an unexpected job offer that has precipitated this unexpected move. Again, this might lead to a motivated seller.
2. Lower inventory and less competition. When spring and summer return we will start seeing a much more competitive landscape. Multiple offers will be back and that makes the market more challenging for buyers. In the winter, fewer people are looking so you might just have a better chance at finding your ideal home without a lot of the crazy competition. Plus the costs of moving my even be lower!
3. Real estate agents can spend much more time with you working hard to find the perfect home. With fewer opportunities pulling them in many directions, you will likely get the undivided attention of your realtor.
So if you are ready to buy, don’t let the weather stop you from finding the ideal home and an ideal price!