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5 Reasons to Buy a Home During the Holidays

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5 Reasons to Buy a Home During the Holidays

Buying a home during the holidays sounds daunting, right? You’ve got gatherings, gifts and vacation plans on your mind. Yet, if you know what to anticipate and how to address it, you can make the most of the late fall and early winter real estate market landscape.

Fireplace decorated for the holidays

If you’re ready to get serious about finding a home you’ll love, here are five reasons why you should consider buying a home during the holidays.

1. Motivated sellers

Are buyers really house shopping during the holiday season? Yes, but some shoppers may be so preoccupied with holiday festivities that they spend less time searching for a new home. That slower market pace can motivate sellers. If their house was recently put on the market, this could mean they don’t have time to waste and need to sell fast. On the flip side, if a property has been on the market for some time, the sellers may be more willing to negotiate a lower price.1 This is good news for you — both scenarios could potentially save you some cash.

2. Less competition

Between celebrations and family gatherings, many buyers put their house hunting on hold during the hustle of the holiday season. That means less competition for you and less of a chance you’ll end up in a bidding war.2 As the number of buyers shrinks, the chances of your offer being accepted increases. Less competition and less stress make end-of-year homebuying a win-win.

3. Quick closings

Just like sellers, mortgage and title companies are motivated to close deals and reach their goals before the new year begins. This can translate into getting your deal done quickly.

4. Easier to hire professionals

One might assume that finding professionals such as movers, inspectors and contractors would be challenging during the holidays. But, as is the case with real estate professionals, demand for their services tends to decrease during the holiday season, potentially making it easier for you to find help.

In other words, with fewer homebuyers in the market, you’ll have more choices and more availability to find the professionals you need.

5. School winter breaks

For most families, timing a move can be crucial to ease the transfer of children to a new school.The holidays provide an ideal opportunity to transition to your new residence while schools are out for winter break. Your family will have time to settle in and get ready for the upcoming semester in the comfort of your new dream home.

The takeaway

As you can see, there are many benefits to buying a home this holiday season. Do keep in mind, however, that every real estate market is different — even within Central Texas — so it's important to work with a knowledgeable real estate agent who can provide insights into the local market conditions and help you navigate the homebuying process.

Are you planning to sell or buy a Central Texas home soon? Remember that RBFCU’s preferred real estate partner, Kuper Sotheby’s International Realty, is here to help you move beyond your expectations toward an extraordinary real estate experience.

Contact us to learn more.

Kuper Sotheby's International Realty Logo

San Antonio: 210-236-6464

Austin: 512-516-8484

realty@rbfcu.org

rbfcu.org/realty

 

This article was last updated in October 2024.

DISCLOSURES

Information in this article is general in nature and for your consideration, not as financial advice. Please contact your own financial professionals regarding your specific needs before taking any action based upon this information.

Kuper Realty Holding Company, LLC dba Kuper Sotheby’s International Realty is a subsidiary of RBFCU Services LLC. RBFCU Services LLC is affiliated with Randolph-Brooks Federal Credit Union (RBFCU).

SOURCES

The following sources were last accessed in October 2024.

1“The Impact of Holidays on Home Sales.” RISMedia, https://www.rismedia.com/2024/08/05/bill-gassett-impact-holidays-home-sales/.

2“The Buyer and Seller Guide to a Real Estate Bidding War.” U.S. News & World Report, https://realestate.usnews.com/real-estate/articles/the-buyer-and-seller-guide-to-a-real-estate-bidding-war.

3“Moving with Kids: How to Help Your Children Adjust to a New School.” Architectural Digest, https://www.architecturaldigest.com/reviews/moving/helping-your-kid-adjust-to-a-new-school.

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