Buying a House in Brunswick, Medina, Valley City During the Holidays

You have probably just about finished buying gifts this holiday season, but has the thought of buying a home during the holidays crossed your mind? Spring and summer are indeed popular times to buy a new home in Ohio and yet, the holidays can be equally as favorable. Don’t wait until 2015 to move in your dream home in the Hinckley, Brunswick, Medina or Valley City area home— consider the following reasons to buy a home this time of year:

  • Lower prices
    As you may imagine, not many home sellers take advantage of the holiday season. As a result, homebuyers can find lower prices in the local real estate market. Home prices, historically, are actually lower in December than in any other month. If you’re a homebuyer in Medina or Cuyahoga County, you won’t want to bypass these!
  • Low mortgage rates
    Mortgage rates have been hovering around all-time low levels, but will not stay this low for long. Real estate economists have predicted prices to reach 5 percent by the end of 2015. As Zillow advises, “if rates go up by just one percentage point, your purchasing power is reduced by a whopping 11 percent.”
  • Sellers are motivated
    Home sellers in Ohio that keep their properties on the market during the holidays are likely very motivated to move. Competition is typically low during this time of year and home sellers will be propelled by their moving date. As a result, the holidays could be the time to negotiate score a great deal on your dream home in the Cleveland Ohio area.

You can count on BOLD Real Estate Consultants to walk you through the real estate market this holiday season and help to find you the best possible deal! Do not hesitate to contact us to get started!

Sajag Patel
BOLD Real Estate Consultants

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