Top 3 Reasons to Buy a Home During the Holidays

The holidays are here and this is the time known for spending money on all things festive: gifts, celebrations, and more. So why shouldn’t buying a home be on your holiday shopping list as well? Though selling a home in the winter is a traditionally sluggish time in the real estate market, you’d be surprised what you could find. Here are the top 3 reasons to buy a home during the holidays.

1.) Top Notch Deals: Homeowners who are selling in wintertime are likely to be looking to sell quickly and move on. And motivated sellers usually mean more negotiation and better deals.

2.) New Year Savings: Under current law, homeowners can itemize and deduct the interest paid on their mortgages up to the first $1 million, if their loan is used to buy or improve a first or second home. If you end up closing on a new home at the beginning of the New Year, you’ll be able to take a deduction on an entire year’s worth of mortgage interest.

3.) Less Competition: Though spring is typically thought of as the most popular home buying season, so winter home buying may provide you with less competition as you search for your perfect home. Most buyers take the month off to celebrate the holidays, attend parties, host out-of-town guests and, quite frankly, avoid trudging around in inclement weather to look at houses. Shopping for real estate at a time when fewer buyers are in the market can pay off big.

Are your ready to buy a home this holiday season? Let The Russo Team guide you every step of the way through the real estate experience.

Frank Russo

Russo Team

RE/MAX Professionals

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