Friday, December 9, 2016

3 reasons why winter is a smart time to buy a Keller home

Don't give up on buying a home as winter nears. In fact, December through February may be better for Keller home buyers than the busy season in spring and summer.

Enjoy less competition and lower prices.
Fewer properties are typically available during the winter, as sellers and buyers aim to complete transactions before the school year begins. You can turn that to your advantage.

In winter, there are less homes for sale, but less competition, with fewer buyers per property. The more favorable supply-demand balance can lower prices. Also, winter sellers may be more motivated, especially if they're forced to sell by divorce or by corporate or military transfers.

In January and February, homes cost 8.45 percent less on average than in June through August, according to NerdWallet research conducted using data from 2014 and 2015.

Lower prices help at closing - and over the life of your mortgage.
A lower price can ease your home transaction in many ways. It lowers your down payment, any closing costs that are calculated as a percentage of the home's sale price and your mortgage payments.

There's also less of a seller's agent commission bundled into the sales price. These savings help when you buy, and they add up over the life of your mortgage.

The right agent can help.
When supply is limited, the right agent can help you get a jump on other buyers. Agents who are well connected learn about properties before they are listed.

The right agent understands the market where you are buying. That includes doing competitive market analysis so you understand what the house is worth.

If you are considering buying a Keller home, winter may be a good time to explore the market.

Whether it's selling your home or finding a new one, we have designed this site so that you can quickly and easily locate the information you are looking for. The Grove Team's client-centered approach results in the best possible outcome for you. Please contact us now to begin the process of achieving your dreams in home 

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