The days may be getting shorter, but the list of reasons to BUY NOW is getting longer.
The falling leaves and slowing days often cause the real estate market to do the same. But here are some reasons why this slower pace could actually be good for home buyers.
1. There are fewer Buyers on the market
As the market slows, this means there are LESS BUYERS on the market competing for the same house. This makes it easier to negotiate by giving Sellers less options to chose from.
2. Sellers may be motivated by the end of the year
Closing by December 31st may be beneficial for Sellers in terms of taxes. They may be able to take advantage of tax gains or losses during the year, that might go away if they were to settle in January.