I know what you're thinking, with all the holiday activities, colder weather and just so many other things on your mind, December is the worst time for you to buy a home. The fact is, December offers a gift to home-buyers in search of a great value. First of all, people who have their homes on the market this time of year want to sell them. Many have made significant price reductions and many homes are being offered at the lowest prices of the year. Yes it is nicer to be able to move in the warm weather but if you make that choice, you will be competing with all of the buyers like yourself, who have waited for Spring. In the southern New Hampshire market, there is a general drift upwards of asking and selling prices as the Spring market begins to bloom. Sellers feel that they have the luxury of many months of good weather ahead of them and there are many more buyers in the market competing for property. This was especially true over the past year. It's impossible to predict what next year will bring but the home-buyer tax credit may impact the market and prices. Buyers may be out in force next spring as they rush to lock in deals before the deadline of April 30th. And who knows where interest rates will be come next Spring? If you buy now there will be less competition and you will have exactly the home you want, have your tax credit locked, and have a low interest rate as well.
Check out some of the holiday home values that are being offered right now. Click on picture for full details.