Tuesday, November 30, 2021 / by Ashley Lay Real Estate
As the temperature cools off, so does all the heat generated by the summer selling season. But, just because it’s no longer the busiest time of year in the housing market doesn’t mean your best chance to buy or sell a home has passed. Each season offers its own advantages to buyers and sellers, and fall and winter are no exception. For example, one of the biggest and most obvious benefits to buyers is a drop in home prices as the year closes out.
“Over the last decade, the median home price on average fell close to 10% from its peak in June to its seasonal low in January of the following year,” says Ruben Gonzalez, KWRI chief economist. “On a median-priced home, you could be saving more than $30,000 if you’re willing to deal with less choices in the second half of the year.”
Whether your clients are selling or buying, there are plenty of reasons to enter into the less competitive market of fall and winter. Here are two ben ...