Choosing your first/next home is a momentous decision, one that carries immense weight in your life's journey. When to take that leap can make all the difference. While many house hunters gravitate toward the sunny allure of spring and summer, there's a hidden charm in the colder months. Contrary to popular belief, the colder season can be an enchanting time to embrace your homeownership dreams.

3 Reasons to Buy a Home in the Colder Season:

1. Less Competition and Better Deals

With fewer fellow seekers, sellers may be more open to negotiations, possibly paving the way for some exceptional deals. According to the National Association of Realtors (NAR), this reduced competition can create a silver lining for savvy buyers like you. So, don't overlook the magic of winter in your home-buying journey!

Source: National Association of Realtors (NAR)

Here are 3 Listings for a potential deal that you can find in Boston:

1. MLS 73153629

694 Metropolitan Ave Hyde Park

An exciting opportunity awaits with this spacious single-family home! Priced now at $459,000, down from the original list price of $499,000, it's been on the market for 62 days. It's a foreclosure property that's perfect for FHA 203K or Conventional renovation loans. With some TLC, this gem can be transformed into your dream home. Don't miss out on this incredible deal!

View property here: https://vitalsourcerealty.realgeeks.com/search/details/drn/0/#

 

2. MLS 73161474

21 Stella Rd. Roslindale

Here's another fantastic opportunity! This lovely single-family home, with 41 days on the market, is now even more enticing with a $50,000 price reduction, bringing it to $599,000. Call me if you wanna see this home!

View property here: https://vitalsourcerealty.realgeeks.com/search/details/dro/0/#

 

3. MLS 73160635

171 Magnolia St Dorchester

Check this out! This versatile 2-family home, with 43 days on the market, is perfect for the savvy homebuyer or an investor. This property now comes with a fantastic $50,000 price reduction, bringing the price down to $799,000. Don't let this opportunity slip away to make this property your investment dream come true!

View property here: https://vitalsourcerealty.realgeeks.com/search/details/drp/0/#

 

2. Potential Tax Benefits

Buying a home toward year-end can bring some tax advantages your way. The IRS generously permits deductions on mortgage interest and property taxes, offering a potential reduction in your taxable income. To unveil the full spectrum of benefits tailored to your unique financial landscape, consider consulting with a tax professional to understand how this may benefit your financial situation.

Source: U.S. Internal Revenue Service (IRS)

 

3. Faster Closing and Easier Moving

You see, this time of year often brings about a smoother, cozier closing and moving process. Our dedicated real estate professionals, from agents to inspectors and lenders, usually have lighter schedules during the colder months. What does this mean for you? Well, it translates to faster turnarounds on inspections, appraisals, and loan approvals – making your dreams of home ownership come to life more swiftly.

But that's not all! When you're ready to make the big move, you'll find that even the moving companies have more room on their calendars, making your transition to your new home a winter wonderland of seamless convenience. So, consider the winter season your ideal time to embark on this exciting journey!

Source: Zillow

 

All these fantastic opportunities are waiting for you to seize them. Still, before you dive into this exciting adventure, we can also talk about a few essential aspects to consider when it comes to timing your big purchase. After all, making your dreams come true is a journey.

 

If you're on the fence and need someone to guide you through this serenade of decision-making, don't hesitate to reach out to me. I'm here to help you find your rhythm in the world of real estate, so let's have a chat and set the stage for your homeownership journey. Call, text, or email me anytime!

 

 

Shalaye Camillo

Principal Broker

Vital Source Realty

617-379-3530

shalaye@vitalsourcerealty.com