The Christmas season is the most wonderful time of the year! But is it a wonderful time to buy or sell?
Is it Smart to Buy or Sell During the Christmas Season?
The Christmas holiday season is in fact a great time to sell your home, filled with plenty of opportunities for buyers and sellers.
For one, Sellers will find buyers to be highly motivated.
There are fewer buyers in winter, but those you encounter will be more highly motivated than casual spring or early summer lookers, who are weeded out by the cold weather. When buyers are checking out your home in the winter, they are typically much more serious, motivated, and willing to buy.
And since inventory is so low during the holidays, you may be able to set the price of your home higher.
Festive home decoration
Another great thing for sellers is the wonderful effect holiday decorations can have. Our homes are often at peak coziness, which really draws buyers in and gives your house a real homey feel.
Bright & inviting neighbourhoods
Neighbourhoods too are decked out with wreaths, Christmas lights, and other beautifying things that can make buyers feel drawn to your area.
Buyers will find there is less competition.
If you make an offer on a property, your chances of the offer being accepted are higher as you’ll be competing with fewer buyers. Often, home sellers need to move by the end of the year when they list during the holiday season. Because of this, sellers’ willingness to make a deal increases.
End-of-Year Tax Breaks
Buyers can also deduct the property taxes, interest costs, and mortgage interest of the loan if the home sale closes before December 31.
If selling during the holiday season sounds like it could be a smart choice for you, give our team a call day! Give Sean a call at (519) 331-3746 and remember to Put Sean on Your Lawn.