December 6, 2024 - 05:47
"It's always a good time to be deal hunting during a distracted market," says real-estate agent and investor Dana Bull. According to Bull, the period leading up to the holidays, particularly just two days before Christmas, is an opportune time for submitting home offers. During this time, many potential buyers are preoccupied with holiday preparations, leading to a decrease in competition and potentially better deals for savvy investors.
Bull emphasizes that this strategy is not just limited to the Christmas season. Various "pockets" throughout the year can yield favorable conditions for homebuyers. For instance, the summer months often see a lull in activity as families focus on vacations and back-to-school preparations. Similarly, the post-holiday period can also present unique opportunities as sellers may be more motivated to close deals.
By identifying these less competitive times, buyers can take advantage of market distractions to secure their dream homes at more favorable prices.
