Buying and Selling in the Fall

By
Real Estate Agent with Douglas Elliman
https://activerain.com/droplet/5fjS

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Here in Long Beach, NY, Fall is usually considered to be the second choice as the saeson to buy or sell, but there are so many benefits to buying or selling a home in fall. Consider these seven reasons to buy or sell this fall in Long Beach, Lido Beach, Atlantic Beach and the surrounding neighborhoods.

Reasons to Sell Your Home in the Fall

Spring may have higher demand, but it also comes with higher inventory. Your home listing in the fall means less “competition” for you and possibly a better offer. Make sure you have done a great job of addressing curb appeal, staging, and cleaning to help your home really shine.

Buyers who are shopping for a new home in the fall or even in the winter usually have a strong reason to do so. Their motivations could include a recent job transfer, a desire to have their kids in a new school prior to mid-year breaks (or, if it’s early enough in the season, before school starts), or wanting to celebrate the holidays in a new space.

With more families wanting and needing multi-generational living spaces, the search for a home could be a longer process, pushing the process beyond spring’s peak.

Reasons to Buy Your Home in the Fall

Often times, sellers will be encouraged to pull their home off the market for the winter holidays. This means inventory will drop and then surge again in the spring. Shopping for a home in the fall will allow you to see houses before the flood of showings after the holidays.

Sellers who keep their listings active in the fall usually have a motivating factor behind their decision, which can benefit you. While it isn’t fully a buyer’s market, because they likely have less showings, they may be more open to accepting your offer.

Buying a home in the fall has several time-sensitive benefits. Your first mortgage payment won’t likely hit until the new year, and you may celebrate the winter holidays in your new space. 

In an analysis of over 30 million home sales spanning 15 years, RealtyTrac(r), found that home buyers who purchased in October paid nearly 3% less than in other months. You can also get into your new home right in time for the end-of-year sales on appliances and electronics.

If summer was for home repairs and vacations and you are now ready to buy or sell, give me a call for a market analysis and information to get moving this fall!

 

 

 

  

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Alex Rubin Team
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Douglas Elliman Real Estate
516-236-3924
Licensed In: NY
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Topic:
Real Estate Market Trends
Location:
New York Nassau County Long Beach
Tags:
buying a home
selling a home
real estate
buying a home in long beach ny
selling a home long beach ny
buying in fall

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Rainmaker
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Kristin Johnston - REALTOR®
RE/MAX Realty Center - Waukesha, WI
Giving Back With Each Home Sold!

Great video and I just wish those beautiful fall colors would last longer here!

Sep 17, 2018 07:01 AM #1
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Debe Maxwell, CRS
www.iCharlotteHomes.com | The Maxwell House Group | RE/MAX Executive | (704) 491-3310 - Charlotte, NC
Charlotte Homes for Sale - Charlotte Neighborhoods

You make some great points about buying and selling in the fall Alex. Looking forward to cooler temps and increased home activity 

Sep 17, 2018 01:38 PM #2
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Alex Rubin
Douglas Elliman - Long Beach, NY
Who You Work With Matters

Thank you, Debe!

Sep 18, 2018 10:00 AM #3
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