The winter months are usually considered a slow period for property sales. Buyers are often motivated to start searching for a home when the weather is at its best – and sellers also prefer to showcase their homes when the sun is shining. But in reality, there are many reasons why a winter move might be your best bet. The D&R Home Solutions home buying guide can help residents of McKinney, Little Elm and people across North Texas find their ideal home regardless of the season.
Three Factors to Consider With a Winter Move
There are so many reasons people choose to move from their home to another. This contributes to determining the best time to start searching for a property. Here are some key questions to consider with a winter move.
Is It a Buyer’s or a Seller’s Market?
The property market is constantly adjusting to demand, and time of year is not always the crucial factor. Before planning a move, learn whether it is a buyer’s or seller’s market. High demand for property will send prices upwards, and you couldend up in a bidding war for a new home. Are you in a rush to move? If not, waiting for a drop in prices could help you secure a great deal. Start the home buying process, and you may find a seller looking to make a quick sale. To thoroughly understand current market conditions, our team is always ready to advise you.
What Are Your Personal Circumstances?
Securing the best deal will sometimes come second, behind the needs of your family. Moving to a district with exceptional schools such as Frisco or Plano might require quick action to seize an opportunity. In contrast, if your children have left home, you may have more space than you need or want. D&R Home Solutions is available to discuss current market conditions and help you weigh multiple important factors that will lead to your decision.
What Are the Mortgage Rates?
Mortgage rates play a significant role in how much you ultimately pay for your new home. Market trends are one factor that influence the rate a lender will be willing to offer. Another critical factor is your credit score. If you have a high credit score at a time when mortgage rates are low, you can expect to secure an attractive deal. Use our handy mortgage calculator to work out what you can expect to pay. And know that in every season, the team at D&R Home Solutions is here for you.
Need Help Buying a New Home in North Texas?
D&R Home Solutions can help you buy or sell a home in North Texas. We can find that perfect North Texas property and complete a stress-free purchase at any time of year. We understand the property market in Dallas, Allen, Lewisville and beyond. Call us today at 214-494-6222 or request a home evaluation online.
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