Should I Buy My Home Now?

Yes you should.  If you are working in a field that offers solid income, then by all means, reach out to an experienced real estate agent in your targeted area and buy buy buy.  This is the perfect time of year to purchase a home due to favorable interest rates. 

Statistically, sellers are more open to offers when the market is slow.  November and December are historically slower months in Real Estate.  Have you seen a home you really like, however, you’re still on the fence about placing an offer?  Get off the fence and place your offer.  There is a very big chance that the sellers will counter or even accept if your offer is consistent with today’s market.

In the months of November and December some buyers are doing the unthinkable.  They are preparing for black Friday and the holidays where they will spend a percentage of their down payment and or closing costs pampering themselves or their loved ones and therefore taking their eyes off of the prize.  Placing offers or seeing properties in these two months will then be moot.   So as a result sellers are frustrated with a lack of showings and are open to respectable offers on the property they are selling.

Some professionals accept when the market is slow and might market a property a little less than normal during the holiday months.  I have found that if you market a property more, you will get the real buyers that are ready, willing and able to put a deal together and will jump on the property that fits their needs.  So a tip to sellers…price it right, invest in the right marketing, and you will have the serious buyers offering to purchase the house you are selling. 

Egen Warner

914-424-7231

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