The days are getting shorter and the weather is getting cooler, which means fall is officially here! Many prospective homeowners may have put buying on hold for the season, but it actually could be the best time to make an offer.
Here are a few reasons why you should consider buying a new home this fall.
Less Competition
Many people believe autumn is an off-season for real estate, so there will likely be less buyers in the market. However, that doesn’t always mean there is less inventory.
Take advantage of this time to really evaluate each home and what the sellers have to offer. With less buyers looking, this could also be an opportunity to negotiate for better deals!
Moved In By the Holidays
The holidays are right around the corner. Why not celebrate them in a brand-new home? Host Thanksgiving in your ideal dining room or open gifts by the comfy, cozy vibes of a new fireplace.
Use the upcoming holidays as motivation to find and move into your dream home before the end of the year.
Ideal Moving Temperatures
Temperatures are dropping, making it the perfect weather to move into a new home. The summer heat can be draining, while the winter chill can leave your toes numb.
The cool breeze of fall, combined with lower humidity makes it ideal for heavy lifting, climbing stairs and constantly moving around.
Low Interest Rates
This September, the 30-year fixed mortgage rate dropped to it’s lowest in history! According to MarketWatch, this popular home loan product averaged 2.86 percent, falling 13 basis points from the previous week.
By taking advantage of this drop, you could save big on a new home! Not only can a lower interest rate help you save on monthly payments, but can also decrease overall interest paid for the life of the loan.
Are you looking to make a move this season? To learn more about our active communities, contact By Carrier today.
