Nate & The 12:45 Team Did It Again
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Nate Johnson is a licensed Realtor serving VA, MD & DC

Wednesday, November 14, 2012

Buying A Home in Fairfax Ridge Winter Wonderland for Buyers!

Fairfax Ridge Buyer Specialist - Phillip Simon
Contact me to set up an appointment to see what is available in Fairfax Ridge.

While the warmer weather is heading south, don’t ignore the urge to check out more than just a home’s outdoor holiday lights this winter. Many consumers say they are interested in buying a home but they put off their search just because it’s cold outside, it gets dark early and they think there will be more “opportunity” in the spring. The truth is, there are plenty of opportunities now and reasons why buying a home is possible and even advantageous in the winter months. Here are 4 reasons why looking now is better than waiting later.

1) The best time to buy a house could be now because many home buyers tend to wait until the spring and summer to house-hunt, so there will be less competition, giving you more opportunities to make an offer. If the sellers themselves would like to be in a new home by spring as well, you have an even greater chance of your offer getting accepted.

2) As a result of less home buyer activity in the winter, the 12:45 Team can give you more one-on-one attention. Instead of working with larger numbers of people in the spring and summer, we can focus more on your needs before the spring influx of interest begins.

3) Not only are home prices affordable, but mortgage rates are still at favorable levels, which means the sooner you can obtain a signed purchase agreement, the sooner you can lock in an interest rate. While no one can predict how long rates will last, it’s a win-win situation if you can buy the home you want at a comfortable monthly payment you can afford. Remember, even a 1% increase in rates will negatively affect your buying power by 10%. Meaning you're paying more ina mortgage and buying less of a house (in price).

4) Because you started your search in the winter and we were able to spend additional time finding the perfect home, you can relax when spring rolls around. Many home buyers will just be getting started, while you will be relaxing with the windows open and everything moved in.

As you can see, the advantages to buying a home in winter months might just make this the best time to buy a house.