The best day of the year to buy a home is really Christmas Day.
Almost nobody looks at homes on Christmas Day.
It doesn’t matter whether you celebrate the holidays, there are much lower numbers of buyers shopping for a home in December. But buying on or near Christmas Day is a smart move. If you scout out the homes on which you’d like to make offers a few days before Christmas, you’ll be better positioned.
Why is the Christmas holiday season so attractive?
People are in better moods, celebrating, opening presents, enjoying family and, let’s face it, some are a little tipsy. People are more inclined to be generous, even if it means coming down on the price. “Hey, it’s Christmas, hon; just sign it.” Few buyers are out looking at homes during Christmas week, so the chance of multiple offers or any competition whatsoever is very low.
Home prices typically drop to a 12-month low in December.
If a person has their home on the market over Christmas, that person is most likely serious about negotiating and selling that home. You can bet on it. Better yet, why not write an offer?
Of course, the key is to find a real estate agent who will a) work on Christmas and b) be aggressive enough to worm her/his way into the seller’s home without batting an eyelash. Those agents are out there because we are two of those.
Have a happy holidays!