Should you buy or sell a house in California in the winter?
It is getting close to the end of the year, winter and the holidays are nearly here.
The interest rates are high and may go higher, and home sales are following.
If you are thinking of buyer or selling, what should you do?
Should you buy or sell a house in California in the winter?
(909)226-3551
It is getting close to the end of the year; winter and the holidays are nearly here.
The interest rates are high and may even go higher, and home sales are following.
If you are thinking of buyer or selling, what should you do?
Start with the general question and that is why is it that at the end of the year home sales go down?
This is likely due to the fact that the holiday season can be a busy time for many people, and they may not have the time and energy to invest in a house search.
During the winter months, the weather can also be more unpredictable in California, making it less desirable for potential buyers.
Additionally, many families opt to stay in their current homes for the holidays and may not have the desire or resources to purchase a new home at the end of the year.
If you are looking to buy a home in California, can buying a home at the end of the year be a good idea?
Buying a home in California during the winter can be a good idea if you know what you’re looking for and act quickly.
There are often fewer buyers during this time of year, so you may be able to find a home that suits your needs and wants and have a little more negotiability on pricing and terms.
There are certain tax benefits for buying a house in California at the end of the year.
For homeowners, the Mortgage Interest Deduction and other cost you that accrued in the purchase of the home which allows you to reduce your taxable income
If are thinking of selling a house in California, should you wait for the first of the end or list now.
It really depends, factors such as current housing demand, recent trends, and current pricing can all impact when it would be best to list your property.
There are fewer buyers looking to buy, but the buyers that a looking seems to be ready to buy and better qualified.
Call or Text at (909)226-3551, if you have a question or want to set up an appointment
As a seller you need to remember that it not always the offer with the best price you should accept but the offer with the best price from a strong qualified buyer.
I am Steve Olmos and I been selling real estate in Southern California since 1980, and that the article is my opinion.
With questions about your taxes and other financial questions, you should talk to your attorney or CPA.
