Considering buying a home in Raleigh NC this winter? Consider yourself lucky! While many believe that winter is the worst time to buy a home, it’s actually a great time! Winter can be a buyer’s market for various reasons. Of course, summer and spring are the high season for home sales, but that doesn’t mean that you shouldn’t buy a home during the colder months.
Below, you’ll find a few great reasons why buying a home in Raleigh NC this winter is less stressful and better for some home buyers!
Buying a Home in Raleigh NC During Winter
As we stated above, spring and summer are the most popular buying and selling seasons during the year. Because of this, many sellers wait until those seasons to list their home. This means that there are fewer homes to choose from as a buyer in winter.
It also means that, because the competition is less, sellers will have a stronger reason to sell their home soon. Many times, those selling in winter need to relocate immediately and are motivated to sell at a more reasonable price than they would in spring or summer. You might be able to influence them with a lower price, given the circumstances.
In addition, the smaller selection of homes can actually save you a great deal of time. There’s no need to view 50 homes, like you would during spring or summer. Viewing homes can take up a lot of time. Even more, you’re more likely to forget what you saw during the beginning stages of the search.
During winter, you can view 5-10 great homes and then choose the one that fits your needs best, without having to spend the whole season viewing and re-viewing.
An even better incentive for buying a home in Raleigh NC during winter is the fact that there are fewer buyers. Fewer buyers mean less competition and more sellers who are willing to accommodate those buyers.
It’s easy to use this knowledge to your advantage. Offering a lower, but practical, bid for a home you’re interested in is a more than reasonable option. In addition, you could ask for the sellers to include the living room or dining room furniture, or other items in the home you admire. These perks aren’t always available in spring and summer.
Less competition, more influence and more time to make a decision are all great reasons for buying a home in Raleigh NC during winter, as opposed to spring or summer. In our next post, we will talk more about buying a home in winter, as well as how to assess a home you’re considering purchasing during winter.
If you are considering buying a home in Raleigh NC this winter, contact Roark Premier Team. We are here to help you search for the home of your dreams! For more information on buying a home or to ask our real estate agents any questions, feel free to contact us!