Top 3 Reasons to Buy a Home this Fall

Posted by:  Service First
2016-10-07 07:12:46

If you’re shopping for a home this fall, you may enjoy benefits that summer or spring buyers missed out on. Check them out below.

Lower home prices
According to data from RealtyTrac, home shoppers enjoy the most bargains during the month of October. During the month of October, home buyers paid an average of 2.6% below estimated market value.

Less competition
Once the fall season arrives, most summer home shoppers have either already purchased their home or will decide to wait until the new year to restart their search.

Increased negotiating power
If a home you’re interested in has been sitting on the market all summer and still hasn’t sold, the seller may be more willing to accept your offer. The longer the home has been on the market, the greater your leverage and negotiating power as a buyer.

If you do decide to buy this fall, remember to contact Service First for your mortgage needs. Click here to locate a branch near you.

Source: Realtor.com

Categories:   tips


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