Whether your New Year’s resolution for 2023 has anything to do with purchasing a new house or not, we’re here to tell you –> don’t delay! To many house shoppers’ surprise, January is a great time to buy a house. Although it might not be quite as pleasant traveling around touring houses on these cold, winter days, it is totally worth it. Keep reading to unveil some reasons why January is the perfect month to buy!
Buy now before home sale prices go up.
The number one reason to buy a house right now is the price! The increase in price between the winter months and summer months can be pretty significant, which makes purchasing your home in the winter months a smarter financial decision. Plus, sellers listing in winter, rather than waiting for optimal selling months, are typically doing so for a reason and are motivated to sell.
Buy now before the competition increases.
Not only are the prices right in January, but the lack of competition is also a convenient factor. There are significantly less people buying in January than in June, for example. What does that mean? You should have a little less competition to worry about. But, with that being said, the market is hot, so you can’t hold off too long without running the risk of the property being sold.
So far we have lower prices and decreased competition. Buying a home in January is sounding like a sweet deal. Brave the cold and schedule some showings!
Start preparing for making a purchase.
Now is the time to start preparing for making a house purchase. Here are some ideas to help you get in the buying frame of mind:
- Think about what kind of home you want and determine an approximate budget for you and your family.
- Talk to a load officer.
- Understand your credit score and take any steps now to help improve it.
- Contact your trusted realtor to talk about options and anything else you may need to be thinking about.
Have we convinced you? Our team really believes that now is the time to buy a house! If you’re ready to take the next steps toward purchasing your new home, contact us at Missouri Home, Farm, & Land Realty, LLC. We would love to help you find the home of your dreams for a price within your budget.
Give Missouri Home, Farm & Land Realty, LLC a call at 417-777-3300 or click here to send us a message on our website.