In a normal year, winter tends to be a buyer-friendly season; because fewer people want to buy in the winter, it can be easier for prospective buyers to find the right property at the right price.
But this year is anything but normal. This winter, low inventory and high competition are driving up prices and pushing the market increasingly in favor of the sellers—and if you want to successfully buy property, you need to take a different approach than you would in past winter seasons.
A recent article from realtor.com outlined strategies buyers will need to successfully navigate the market this winter, including:
The Takeaway:
Bottom line? Buying a home this winter is a different experience from the “normal” winter buying experience. But you can still successfully navigate the market, find, and buy your dream home; it just takes a slightly different approach.
Whether you're ready to buy or sell your home, feel free to contact me.
Licensed by the Louisiana Real Estate Commission