Why You Should Buy A Home In The Winter

By
Real Estate Broker/Owner with Amanda Davidson Real Estate Group 0225221517

Why You Should Buy A Home In The Winter

Statistically home sales slow during the winter but, it’s a myth real estate stops all together. Touring homes in the cold and the wind isn’t as appealing as it is when the grass is green and the sun is shining but, as a buyer if you’re willing to brave the winter weather there are benefits to buying in the winter. 

 

Buying A Home In The Winter

 

Fewer Buyers Equals Less Competition

With sales being slower that ties back to there being fewer buyers in the market which means less competition. Spring can be a feeding frenzy where multiple offers happen regularly and competition is fierce. You won’t be greeted with lush spring grass but, you just might be able to secure a home you love without competing with other buyers to get it.

 

Buying A Home In The Winter

 

Motivated Sellers

Selling a home is a lot of work and that’s not just for the listing agent. Selling a home is a team sport, sellers have to keep the home clean, make sure the beds are made, and be ready to leave as soon as a showing request comes in. Add in the holiday season to the equation and it could mean that a seller is more motivated to secure a buyer than they would be when the weather warms up. Negotiations could then also be more favorable for you as a buyer. Now, I’m not saying to submit a low ball offer and see if it sticks. What I am saying is there might be flexibility on the closing date or even a seller subsidy. Far more than there would be if you’re in a bidding war.

 

Why You Should Buy A Home In The Winter

 

 

Be Mindful of Days on Market

Going back to spring being the popular time for sellers to list their homes for sale that also means more competition from other sellers at that time. There are sellers who make mistakes with pricing their home correctly. This leaves them chasing the market and watching their homes sit as days on the market continue to tick. Buyers can take advantage of these mistakes. A savvy agent will look at a properties pricing history, if it started too high and has finally started to drop that’s a great opportunity for a buyer to take advantage of. High days on market don’t always mean there’s something wrong with the house, incorrect pricing is the most common reason homes sit on the market. 

 

Buying A Home In The Winter

Every market is different and it's always best to consult with a professional to learn what the current market conditions are in your local area. Slow times can vary by location, hire a local expert to guide you through the intricacies of the area you are interested in purchasing a home in regardless of what season it is. 

 

 

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Amanda Davidson Real Estate GroupTwitterLiving A Dream Real Estate FacebookLinked In Amanda S. Davidson                                                            

 

 

Amanda Davidson

Amanda Davidson Real Estate Group

Broker - Owner
Licensed in VA and DC

6485 Old Beulah Street
Alexandria, VA 22315

Cell: 703.431.3755
Fax: 703.562.7057




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Topic:
Home Buying
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Virginia Fairfax County Alexandria Kingstowne
Tags:
winter
home buyers
home buyers in alexandria
buying a home in the winter
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Rainmaker
3,929,077
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

Good morning Amanda.  Down here in Florida, we stay pretty busy for the winter with the snowbird crowd.

Nov 28, 2017 05:54 AM #6
Rainmaker
1,310,441
Beth Atalay
Cam Realty and Property Management - Clermont, FL
Cam Realty of Clermont FL

Good morning Amanda S. Davidson, as Gabe Sanders mentioned, FL is sunny all year long, however, type of buyers are different in the winter months.
You've made excellent points why it's a good decision to buy in the winter months.

Nov 28, 2017 06:27 AM #7
Rainmaker
4,269,609
Roy Kelley
Realty Group Referrals - Gaithersburg, MD
Roy and Dolores Kelley Photographs

This is excellent advice to share with prospective home buyers.

Nov 28, 2017 07:14 AM #8
Rainmaker
2,366,157
Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

Hello Amanda,  Excellent blog again by you and so true,  Less buyers and people get transfer and need to sell to someone.

 

Nov 28, 2017 08:23 AM #9
Rainer
113,439
Shahar Hillel
Augusta Financial Inc. - Stevenson Ranch, CA
Mortgage Consultant, Loan Officer.

Amanda good morning.

Some great points, especially at a time when supply is limited.

Have a great week.

Nov 28, 2017 09:52 AM #10
Rainmaker
2,734,450
Sheila Anderson
Referral Group Incorporated - East Brunswick, NJ
The Real Estate Whisperer Who Listens 732-715-1133

Good morning Amanda. I am on the same page and I buy myself in the winter.

Nov 28, 2017 10:20 AM #11
Ambassador
1,398,039
Debb Janes EcoBroker and Bernie Stea JD
ViewHomes of Clark County - Nature As Neighbors - Camas, WA
REALTORS® in Clark County, WA

Yes indeed. It is a great time to sell, Amanda. We just sold two luxury home lots - who'd think building sites would be selling this time of the year? It's a good market. D

Nov 28, 2017 10:37 AM #12
Ambassador
1,839,239
Silvia Dukes PA, Broker Associate, CRS, CIPS, SRES
Tropic Shores Realty - Ich spreche Deutsch! - Spring Hill, FL
Florida Waterfront and Country Club Living

Amanda, those are all good points why buyers may have an advantage of buying in the winter time especially when it meets their time frame requirements!

Nov 28, 2017 06:07 PM #13
Ambassador
3,366,563
Jeff Dowler
Solutions Real Estate - Carlsbad, CA
The Southern California Relocation Dude - Carlsbad

Hi Amanda

While we fortunately don’t have to deal with quite the same wintry issues, your points about selling in the winter apply here, too. But with our market buyers cannot expect low-ball offers to work - there is still competition and homes are often selling near asking price, with some selling over list price.

Jeff

Nov 28, 2017 07:10 PM #14
Rainmaker
3,221,616
Lou Ludwig
Ludwig & Associates - Boca Raton, FL
Designations Earned CRB, CRS, CIPS, GRI, SRES, TRC

Amanda

The answer to your question is . . . . yes this winter would be a great time to get a jump on the real estate market and buy a home.

Good luck and success.

Lou Ludwig

Nov 28, 2017 08:34 PM #15
Rainmaker
1,727,030
Brian England
Arizona Focus Realty - Gilbert, AZ
MBA, GRI, REALTOR® Real Estate in East Valley AZ

For my market, this post could be written about the summer months.  Our population grows in the winter.

Nov 29, 2017 07:39 AM #16
Rainmaker
2,660,441
Lawrence "Larry" & Sheila Agranoff. Cell: 631-805-4400
The Top Team @ Charles Rutenberg Realty 255 Executive Dr, Plainview NY 11803 - Plainview, NY
Long Island Condo & Home Sale Specialists

You know you have a more motivated buyer who is looking at homes in the winter. They are READY to buy and not waste time!

Nov 29, 2017 08:06 AM #17
Rainmaker
2,253,430
Rebecca Gaujot
Perry Wellington Realty, Adam Conrad, Broker - Lewisburg, WV
Lewisburg WV, the go to agent for all real estate

Amanda, winter does bring the motivated byers and sellers. Great posts with good information.

Nov 29, 2017 08:50 AM #18
Rainmaker
1,221,045
Amanda S. Davidson
Amanda Davidson Real Estate Group - Alexandria, VA
Your Alexandria Virginia Real Estate Agent

Thank you all for your comments. I love that we're all in different areas and can contribute for how markets varying. So important for our readers to understand real estate is hyper local.

Nov 29, 2017 01:17 PM #19
Rainmaker
3,221,616
Lou Ludwig
Ludwig & Associates - Boca Raton, FL
Designations Earned CRB, CRS, CIPS, GRI, SRES, TRC

Amanda

This is a great time of the year to buy a home.

Good luck and success.

Lou Ludwig

Nov 30, 2017 06:54 PM #20
Ambassador
2,227,373
Debe Maxwell, CRS
www.AtHomesCharlotte.com | The Maxwell House Group | RE/MAX Executive | (704) 491-3310 - Charlotte, NC
Charlotte Homes for Sale - Charlotte Neighborhoods

Wonderful post, Amanda! We have bank transfers in November here so, ours sellers are told that we have SERIOUS buyers right now - leave that home on the market!!

Happy Friday!

Dec 01, 2017 03:55 AM #21
Ambassador
2,227,373
Debe Maxwell, CRS
www.AtHomesCharlotte.com | The Maxwell House Group | RE/MAX Executive | (704) 491-3310 - Charlotte, NC
Charlotte Homes for Sale - Charlotte Neighborhoods

It's been YEARS since I ran out of listings and I have only one more that I'm expecting an Offer on tomorrow, Amanda! It's CRAZY out there!!

Dec 01, 2017 04:46 AM #22
Rainmaker
2,779,680
Michael Jacobs
Coldwell Banker Residential Brokerage - Pasadena, CA
Los Angeles Pasadena Area Real Estate 818.516.4393

Hi Amanda -- in Northern Virginia -- you're definitely on my list of go-to agents...you're among the best...

Dec 01, 2017 09:52 AM #23
Rainmaker
1,291,556
Mike Cooper
Cornerstone Business Group Inc - Winchester, VA
Your Winchester, VA Real Estate Sales Pro

Amanda, you are so right. RealtyTrac's study showed that October 7 is top day most homes close, and then beyond that the best months are Jan, Feb, Dec. What's not to love about Winter home sales. Serious buyers who look at less homes before pulling the trigger. 

Dec 04, 2017 08:44 AM #24
Rainmaker
1,582,057
Patricia Feager
DFW FINE PROPERTIES - Southlake, TX
Selling Homes Changing Lives

Amanda S. Davidson - Winter is one of the most wonderful times of the year! Your post about selling in winter puts things into perspective.

You really are wise and wonderful and I adore you because of what you contribute to the Real Estate industry.

Dec 04, 2017 09:35 AM #25
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