If you look for a home in the fall, your advantage in the negotiations room will only rise.
For the first time in recent history, June trailed to October as the most popular month to get married. These fall-loving couples may be on to something: even though the spring month are known as the best times to get married, fall may be the new home buying season. For one, it eliminates all of those families that are looking for back-to-school homes in the spring and summer and gives you the advantage at the negotiations table.
- Less Competition
Competition for homes drops in the fall because many people consider it off-season. But, in many cases, there are often just as many houses in the market as there were in the summer. Less competition and more homes gives you the upper hand when negotiating. Lowball offers and an aggressive negotiation strategy will land you the house of your (financial) dreams. - Sellers are worn-out
Some sellers may have been way overconfident in what their home was worth and after months of no action, are ready to get rid of their house and make a deal. Because there are now fewer buyers, they are more inclined to take the low offer than to wait for another 6 to 8 months. - Some fall sellers are serious
“Why so serious?” You may ask. Not all fall homes are summer leftovers. Home construction completion and moving because of a job are all factors that affect some sellers. Some sellers intentionally sell in the fall, and that means that sellers could be more open to negotiating and accepting relatively low offers.
The fall may be the off-season for most, but not for a wise buyer like you. For all of your home buying needs throughout the Solana Beach, California area, contact the professionals at Ranch & Coast Mortgage Group Inc.
