Searching For A Home For Sale During The Holidays

“I’m going to wait until after the holidays to look at homes” seems to be the standard response I’m getting from my buyer clients this time of year. We each have our own reasons not to shop for a home during the holidays and for some it may not be practical but for those bargain hunters this is the best time of year.
It is understandable to put house hunting on the back burner with all of the chaos of gift shopping and event planning not to mention the holiday parties but the fact is motivated and distressed sellers still want to sell and during the holiday months it is a daily reminder that their funds may be low. The scarcity of other home buyers and lack of showings may be enough to motivate them to accept a lower offer than they normally would.
Homes for sale in Jacksonville Beach are already a terrific bargain and our interest rates are still near all-time lows, couple that with motivated sellers and banks who are coming up on yearend audits makes for a perfect storm of real estate deals.
Making an offer on a property this time of year does not obligate you to close before the holidays, especially with short sale homes your offer may not be accepted until the new year but you can still reap the benefits of the psychological mindset of the seller during this season.  If you have been considering a new home in Jacksonville Beach or the surrounding area hopefully this is food for thought.
Happy Holidays and Home Shopping!!