In real estate, the Spring/Summer seasons are the most popular times to buy and sell.  It makes sense, especially for families looking to to be settled into their new home before the start of school.  However, buy a home in the Winter has proven to be a good strategy for many buyers.  Here’s why…

1. You might get a better deal.  According to national trends, home buyers who buy in the winter tend to pay .51 percent less than those who close in the Spring/Summer rush.  Knowing that home sales traditionally slow down in the winter, most sellers are more open to negotiating a better deal to offload their home in the Winter.
2. You’re less likely to be outbid, since there’s less competition in the Winter.  The seller will have fewer offers.
3. You could close faster in the Winter time because your mortgage broker isn’t as busy in Winter as they are in Spring/Summer.
4. Moving companies aren’t as slammed in the Winter time, so you can hire movers easier, and maybe even get a good Winter deal!
5. You can take advantages of some tax incentives.  If you’re purchasing your first home, buying in the Winter can give you  a few extra months of tax deductions!  Saving money on taxes is something we can all agree is a great incentive.