It’s that time of the year. With Christmas, Hanukkah, Kwanza and Three Kings Day around the corner. The stores are packed with people looking to find that perfect gift. Home Decorating is also on peoples mind as the Christmas Trees and lights go up.
One of my favorite commercials on TV is the Car Advertisements with the big red bow on top. That is a nice present to get during the holidays, even though I don’t know many people actually buying someone a car as a gift. lol
What about Real Estate?
If you are considering buying or selling a home in the near future, now might be the right time!
First Time Home Buyers Holiday Advantage.
During this time of the season, most buyers are busy shopping for assets that depreciate in value versus assets that in the long term appreciate. With little competition in the buyers market, you might be able to scoop up a great home that hasn’t sold during the past few months at a reduced cost and without competing offers.
HomeOwners Holiday Advantage
Now is the time to list. Yes, I know that technically we are in the Real Estate Off Season but the competition in comparable homes might favor you. Here’s why, if there are 100 homes that have been on the market for the past 6 months, some have sold, others are in contract and you are left over with the rest that just won’t sell for various reasons. This means if you have a home that is Priced to Sell and Marketed Right, your home will be on top of buyers lists. If you wait a few months when the Real Estate Peak season is upon us, the competition will be greater.
So, while you are doing your holiday shopping, take a moment to consider looking for your first or next home, or Selling your current home.
As always, thank you for taking the time to read our ideas.
Have a Happy Holiday Season from BronxPad.
For more on Bronx Real Estate Check out our main site. BronxPadJoel Rivera Keller Williams Realty Group