5 Reasons to Buy a Home in Chandler AZ in The Fall
5 Reasons to Buy a Home in The Fall
The list of home-shopping benefits is getting long this Fall!
The Chandler AZ Real Estate market ebbs and flows, just like our seasons. The spring market blooms right along with the flowers, but the fall market often dwindles with the leaves; this slower pace can be excellent news for buyers.
If you’re in the market to purchase home, here are 5 reasons why fall is typically a great time to buy.
1. Old inventory means deals to be had
Sellers tend to put their homes on the market in the spring or summer, often listing their homes too high at the start. This could result in price reductions throughout Chandler AZ in the summer and fall months.
These sellers have fewer chances to capture buyers after Labor Day. By October, you are likely to find “desperate sellers” and prices “below” a home’s market value.
2. Fewer buyers are now competing
Families who want to be in a new home by the beginning of the Chandler AZ school season are no longer shopping at this point. That translates into less competition and more opportunities for Chandler buyers.
You’ll probably notice fewer buyers at open houses, which could signal a great opportunity to make an offer with your agent’s guidance.
3. Sellers looking to close by the end of the year
While a home is where an owner lives and makes memories; it is also an investment, one with tax consequences.
A home seller should want to take advantage of a gain or loss during Chandler’s tax year, so you should find homeowners looking to make deals so they can close before December 31.
Ask why the seller is selling, and look for listings that offer incentives to close before the end of the year.
4. Holidays typically motivate sellers
As the holidays approach, sellers are eager to close so they can move on to planning their own family time and events.
If a home has not sold by November, the seller is likely motivated to be done with the disruptions caused by listing a home for sale during the holidays.
5. Harsher weather shows more flaws
The dreary fall and winter months (Even in Chandler AZ) tend to reveal flaws, making them a great time to see a home’s true colors.
It’s better to see the home’s flaws before making the offer, instead of being surprised months after you close. In fact, the best time to do a property inspection in Chandler AZ is in the fall say local property inspectors.
Jay Mecray – Ask Jay, Your Personal Real Estate Expert in Chandler Arizona