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The Top 6 Reasons to Buy A Northern Virginia Home This Fall

By
Real Estate Agent with Samson Properties VA 0225-059831, MD 646410

The Top 6 Reasons to Buy A Northern Virginia Home This Fall

Copyright (c) 2015, The Gold Homes Team LLC

1.    Showings are easier and shopping is less crowded in the Fall.

Many other buyers have run out of enthusiasm, time or patience and decided to wait until spring. This clears the field for you. It’s easier to get showing appointments and Open Houses are less crowded than in the spring or summer months.

2.    The long-delayed interest rate increase is as certain as the first chill of winter, and it will reduce your buying power.

Mortgage rates are still near their record lows. The Federal Reserve has been promising higher rater for months and months. When they raise the short term rates mortgage rates will respond in similar fashion and the amount of money you will be able to borrow for the same payment amount will be less. This means you may have to settle for a less desirable house.

3.    The sellers who did not get their house sold yet may be very motivated to get it off their hands before the end of the tax year.

Sellers eventually tire of putting on hold their plans for their next housing step.

4.    Sellers may fear a potential capital gains tax increase.

As Mark Twain said, “No man’s life, liberty or property is safe while the Legislature is in session.”

5.    This is the best time for a smooth, no-hassle, move.

All kinds of skilled service providers – from appraisors, to inspectors, to contractors, to agents, to lenders – are most available and responsive during this slightly slower time of year.  They’re eager to work and provide great service.

6.    Get your moving done in time to get more involved in the 2016 election.

The population of the area around Washington D.C. is more likely to be politically active than the population in other areas.  If you want to actively participate more you’ll want your moving done.

 

Posted by

The Gold Homes Team, LLC. MBA, MSE, MA, CDPE, Associate Broker VA, MD, FL

goldhomesteam.com   va-probate.com

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