Positives and Negatives of Austin Real Estate Winter House Shopping

March 14 06:57 2019

If you’re looking for a new home in Austin, it can be a fun-filled experience. You’re likely excited about getting to move into a new place that you’ll get to pick out. However, when it’s in the wintertime, it can seem like a less desirable time to purchase a home. In this short article, we’re going to dive into both the positives and negatives of winter house shopping in Austin. This way you can better prepare yourself and position yourself for the best chance of finding an awesome deal. 

The Positives 

We’re going to start out on the right foot by talking about all the positives that are associated with wintertime house shopping. One of the biggest advantages you’ll have is that there is fewer people house searching in the winter months. In fact, most homeowners wait until the spring and summer months to purchase new homes. This just makes it easier to move when the weather is nice. Plus, let’s be honest, the winter weather can make us all feel lazy from time to time. With fewer people searching for homes, the sellers are more likely to negotiate with your offer because they likely won’t have many of them to choose from. 

Part of the home buying process is enlisting the help of professionals, like those found at Magnolia Realty and various other companies. Home inspectors, appraisers, and even your realtor are going to have less work scheduled in the winter months. This means that they’ll have more time to devote to your deal. This can allow you to get your reports earlier and even close on your dream home much sooner. You may be able to see here to discover the various benefits of shopping in the winter months. 

One of the reasons that any Austin real estate titan set to topple coworking giant WeWork in 2019 is that there’s room for negotiation. In the winter months, the sellers who started their asking prices too high are now dealing with the backlash of forgotten listings. Your best chances for hitting a killer deal are with those homes which have been sitting on the market since the summer months. 

The Negatives 

Most listing sites will have less inventory for you to choose from in the winter months. Just as many homebuyers wait until the spring and summer to buy, many sellers will wait until the early spring and summer to list their homes. This can mean that you have a smaller selection of homes to assess. 

When you’re looking at buying a home, your first step is to go see it in person. This requires daylight if you truly want to see the home in its entirety. Unfortunately, in the winter months, it can be difficult to do evening showings as it’s dark outside. Instead, expect to be spending some of your weekends or taking off of work to see the various homes that you want to. 

Shopping for Austin real estate in the winter time can be a very different experience than in the spring or summertime. The above can help you to decide whether the positives are enough to outweigh the negatives for you. Ultimately, you’ll want to make a clear decision on the time of the year that you’ll want to purchase your next home.

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