Why buy a home in winter? Well, usually there is less competition in the winter – sellers are more likely to accept a buyer’s terms. There might be lower inventory in the winter, but then again by the time spring rolls around, houses start getting four, five, six or even more offers.
So looking to buy a home in winter is kind of like getting on the highway before (or after) rush hour. What I tend to see is a surge in interest in my homebuyer seminars in January – everyone decides at one time to make a New Year’s resolution, and then usually many of those people find themselves in highly competitive home purchasing situations. Then you can add in the fact that your interest payments are tax deductible if you buy a home before the end of the year.
At Gay Realty Watch, we look for news to share with you about the gay real estate market – both lgbt real estate news and news specific to gay and lesbian real estate meccas.