a very few people are actually looking to buy one, but buying on Christmas Day is a smart move. If you scout out the homes on which you'd like to make offers a few days before Christmas, you'll be better positioned. Why is Christmas Day so attractive?
- People are in good moods, celebrating, opening presents, enjoying family.
- People are more inclined to be generous, even if it means coming down on the price. "Hey, it's Christmas, hon; just sign it."
- Few buyers are out looking at homes during Christmas week, so the chance of multiple offers or any competition whatsoever is very low.
- Home prices are at a 12-month low in December.
- If a person has their home on the market over Christmas, that person is definitely serious about negotiating and selling that home. You can bet on it. Better yet, why not write an offer?
Of course, the key is to find a real estate agent who will a) work on Christmas and b) be aggressive enough to worm her way into the seller's home without batting an eyelash. Those agents are out there.
There is nothing like a spring real estate market. Offers fly through FAXes and emails and cell phones ring constantly. Everybody wants a deal, and everybody wants to sell. Typically the marketplace is flooded with inventory. There is more on the market in the spring than any other time of the year.
It's also the worst time to buy a home. Except for one day. There is one day in the spring that a buyer will have the edge against all the other buyers.
We're simply saying that if you are in the market for a new home, the inconvenience of the cold and snow could pay off with serious savings.