Ready to become a Lexington MA homeowner? |
If you didn’t get around to buying a Lexington MA home this
summer, have no fear! Fall may actually be a better time to buy in the
Lexington MA real estate market. As your Lexington real estate agent, allow me
to explain why. If you come up with questions about the home-buying process, or you're ready for help, contact me!
There are many reasons why fall is the time to buy! Here’s a
few:
1. Sidestep bidding wars – This summer was hot, but inventory
of homes for sale has remained lower than average all year. However, in the
fall, buyer activity usually dwindles a bit as well, so you may have less completion
from other buyers!
2. More bargaining power – Because you have less competition
from other buyers, you may have more bargaining power now than if you were to
buy over the summer. Plus, some sellers may have been hoping to sell
over the summer and are more willing to negotiate now.
3. Year-end tax breaks – If you buy a Lexington home before the
year’s end, you’ll be able to take advantage of tax breaks on your next tax
return, such as mortgage interest and property tax deductions. That’s great
motivation to buy in the next couple of months!
4. Home for the holidays – No one wants to be in the middle of
a move during the holiday season. The sooner you buy, the more situated you’ll
be by the time they arrive. You could even host a holiday gathering in your new
Lexington MA home!
Both home prices and mortgage rates are predicted to
continue rising as well, so the sooner you buy, the more you could save! Plus,
you have reasons for wanting to buy, so why put them off?
Take advantage of current Lexington real estate market
conditions and contact me! As your Lexington real estate agent, I can help
guide you through the entire home-buying process until you have keys to your
new home in hand. I look forward to hearing from you!
Theresa D'Antuono
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