If you’re a serious home buyer, it’s quite possible that December will be your month to find that home of your dreams. Yes, inventory is lighter, but the competition thins out as other, less-serious buyers get distracted by the holidays. And the sellers who are still offering their homes for sale are more likely than they would have been a few months ago to negotiate on price.
There were 209 single-family homes, 217 condos, 31 TICs and 100 two- to four-unit buildings available at the end of last week. These numbers are slightly lower than last year at this time of year. But it’s a great time to make your purchase and wrap things up before the end of 2013. There will inevitably be a crop of newly active buyers coming into the market in early 2014, which will not help your case.
So stick with your home-buying mission and don’t overlook any possibilities. And if you’re thinking of jumping into the market in 2014, please contact me and we can discuss the details.