Should You buy Your first Home during the Off-season in Blacksburg? When the purchase of a home is considered, many prospective homebuyers view the spring and summer months as the “homebuying season.” After all, this is the time of year when there is usually more open houses listed on the market. However, buying a home during fall and winter can be advantageous for the following reasons: Sellers are more motivated – in many cases homes listed during the fall and winter belong to homeowners who have an urgent reason for selling. There’s less competition – we typically see fewer buyer during the off-season as many prospective buyers are waiting until the weather warms up. Consequently, fewer offers are being made which increases your chances of getting your offer accepted. Transactions progress quicker and smoother – appraisers, home inspectors, and lenders aren’t as busy during fall and winter because there are fewer transactions taking place throughout the market. You may get a better price – from an historical perspective, home prices are usually lower during the off-season. However, you should still check your specific housing market trends before taking the plunge. https://www.google.com/maps?cid=6542965108880543174