Every year, we’re asked the same old question – what do you want for the holidays? While many folks retreat to a set of cozy pyjamas or the coolest new gadget on the market, others are willing to make much bigger and bolder requests of their loved ones. Is a new home in Ottawa all you want this holiday? If you are in the market for a new home this holiday season, here are some of our hottest reasons why it is a good idea to buy a new home in Ottawa over the holidays.
1. Limited Competition. There is far less market activity during the holiday season, for buyers and sellers alike. This means that you will have less competition and more bargaining power this time of year.
2. Everything is Negotiable. Sellers who are listing during the holidays may be responding to an emergency move, an urgent situation or otherwise. Work closely with you Realtor to negotiate overall pricing and closing costs with sellers this time of year.
3. Fast Closing. During the holidays, anyone selling or buying a home is ready to secure a deal. Once you have all the paperwork completed and have done your due diligence, go ahead and make your deal, securing your dream holiday home before the spring, when competition gets fierce. Embrace the quick closing that comes with the holiday hustle.
4. Better Interest Rates. Take advantage of improved interest rates. While not guaranteed, history shows that interest rates do indeed decrease during the holidays. Buying this time of year will save you money in the long term.
The holidays are not necessarily the most popular time to sell a home in Ottawa, but that doesn’t mean it’s impossible to find the home of your dreams this holiday. Moreover, if one thing is certain – it is this – the folks that are selling their home during the holidays are serious about selling their home. If you are interested in learning more about how to sell your home over the holidays, contact our team of professional Realtors® for a free, no obligation market evaluation of your current home. Our sales representatives are happy to help answer any questions you might have about the real estate market in Ottawa.
Happy Holidays from the team at Performance Realty in Ottawa.
