It’s a real estate myth that sales during the holiday season are lower and slower. I have several reasons why buying and selling during the holidays can put you in a jolly mood this season.

Stand out

As people become focused on the holiday break (having the kids at home, visiting families, etc.), they put less effort in to selling their homes, waiting until less busy times. Your home has a chance to stand out in lessened market activity, being one of the few available options during this time of year.

Drive that bargain

Those with the focus to sell their homes during the holidays are more motivated to actually get it done. They’ll be more likely to negotiate and find a compromise that works for all parties.

Not so taxing

Closing your home before the end of the year may give you some tax advantages when itemizing your taxes and deducting points from what you paid.

Interested?

Interest rates are typically lower near the end of the year (because of limited demand). Lenders compete for your business by lowering their rates for you.

Wrap it up

Closings are faster as everyone races towards the end-of-the-year deadline. And with less transactions going on in December, closings become relatively easier.

While Santa puts on his finishing touches, you too can be sealing a deal for a new home this season. Just don’t forget to let him know where to take those presents!

Article Citation: Moneytips. (December 12, 2015.) “Top 5 reasons to buy a home during the holidays.” CheatSheet. Retrieved December 17, 2015 from: http://www.cheatsheet.com/money-career/top-5-reasons-to-buy-a-home-during-the-holidays.html/?ref=YF.
Picture Citation: https://www.indyhomepros.com/images/holiday-house_283.jpg