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2016-10-25 12:31:37
3 Reasons it Makes Sense to Buy a Home this Fall

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It is often said that the best time to buy a home is when you’re ready to buy a home, you can afford to buy a home, or you’ve found the home of your dreams. However, there are unique advantages to buying a home in a specific season. If you’re considering buying a home in the San Fernando Valley communities of Woodland Hills, Calabasas, West Hills, Tarzana, Encino, Studio City, Sherman Oaks or others, here are three reasons to consider doing so this fall.

​1. Less Competition
Spring and summer are typically known as “real estate seasons.” Indeed, many homes are bought and sold in the summer, but that actually means that there is greater competition over homes during those months. In autumn, by contrast, there are fewer buyers, but often the same number of homes available for sale (AKA inventory). If you’re looking for the best selection of homes, and the least competition, autumn is traditionally a great time to buy a home.

2. Sellers Are Ready To Sell
Whether a homeowner hoped to sell their home in the summer, but didn’t succeed, or they are anxious to sell their home before the holidays, it’s no secret that sellers in the autumn are typically quite serious about getting their home sold. That means they may be more willing to negotiate on price, than they would have been in the summer. That’s terrific leverage to have as a buyer.

3. Still Time to Take Advantage of Tax Breaks
Buying a home in the fall means that you’ll still reap the tax benefits for all of 2016, even if you don’t close on a home until later in the year. All payments you make prior to the closing of the loan are tax deductible, so you can save yourself money in taxes owed, by buying later in the year.

If you’re looking to buy your first home or condo, or you’re looking to trade up, or even downsize this year, the autumn of 2016 should prove to be a smart season to take action. With real estate loans hovering at historically low interest rates, this fall is an optimal time to take advantage of less competition, and secure the best possible price on the new home of your dreams in the San Fernando Valley.

If you’re interested in buying home in the San Fernando Valley this fall, please contact me today. I’m fortunate to have lived, worked, and played in the San Fernando Valley my whole life, and have helped countless homebuyers to not only find, but purchase their first home, their retirement home, or their growing family home in communities such as Woodland Hills, Tarzana, West Hills, Encino, Studio City, Calabasas, Agoura Hills and Sherman Oaks for many years. Visit www.DavidBeckerHomes.com, email David@DavidBeckerHomes.com, or call (818) 489-3385 today.

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