The spring and early summer months are typically the busiest times in the real estate market, with many buyers competing for the same properties. By September, the market tends to cool down, resulting in fewer buyers and less competition.
Sellers who listed their homes earlier in the year may be eager to close a deal before the market slows down further in the winter. This can lead to more negotiable prices and better deals for buyers.
The weather in September is typically more moderate compared to the hot summer months or the cold winter, making it a more comfortable time for packing up your household and moving all of your belongings.
Buying a home before the end of the year allows new homeowners to take advantage of certain tax deductions, such as mortgage interest and property taxes, which can be claimed when they file their tax returns the following year.
The closing process typically takes 30 to 60 days. By starting in September, you’re likely to close by late October or early November, giving you plenty of time to move in before the holidays. and that allows you to decorate your new home, host gatherings, and enjoy the festive season in your new space. It’s a great way to start fresh and make new memories in your home!