It’s no surprise that the busy season for Santa Fe real estate is during the summer. If you’re looking to avoid the mess the busy season can create, buying during the winter time is your best bet. There are some great benefits to buying a Santa Fe home this winter.
Buying a home during the Santa Fe summertime can spark heated bidding wars. During the winter there is less competition from other buyers. This means there is less of a chance of a bidding war starting, which could result is savings for you.
Sellers Want to Sell
Housing inventory is high during the busy season. The sellers that are still around during the winter are highly motivated and may be more willing to accept a price reduction if their house didn’t sell during the summer. If a home is listed during the winter, the sellers could be eager to sell and move on. This means a greater chance of savings and smoother negotiations.
During the winter, lenders are not as busy and can process mortgage approvals faster. They have far less volume, which means you may be able to shop around for other lenders.
The winters in Santa Fe is a special time of year. As the snow covers the mountains and the plaza, it could be the time you’ve been waiting for to make Santa Fe your home. Ski season is gearing up so there is no time to wait.