by Stuart Neal
on Sunday, January 5th, 2020 at 9:51am.
Don’t be like most home buyers and wait until the Spring. If you think outside of the box you may benefit in a number of ways. Heres why:
1. Less Competition
How would you feel if you wait until Spring to find your dream home only to have it snatched away by a competing buyer? Don’t believe all that you hear about our market. The best homes still get snatched up quickly and with multiple offers. Consider being one of the fewer buyers looking now or wait until Spring and join the crowd.
If you buy a home now you will enjoy the strong possibility of being the only buyer negotiating. This gives you leverage you will not enjoy in the Spring.
2. Lower Prices
Sales prices tend to track lower during January and February. The quickly escalate by March and increase through the balance of the year. If you want to buy a great home for a lower price do it now. Or wait and pay more.
3. Sellers are Motivated
The home sellers in the market now are motivated to sell. They want to do business with you. Springtime brings out those sellers that may waste your time. These are the home sellers that will only sell if they get their price etc. Why not deal with home sellers whom are serious and motivated to work out a great deal with you?
4. Its More Comfortable to Move Now
When would you be rather be hauling your furniture around? In the coolness of Spring or the middle of a sweltering summers day? If you buy a home now chances are you will be moving in around March or April. Just as the temperatures are starting to moderate but before we are hit by those hot Edmonton summer days.