The Holiday season is here! Besides stuffing yourself at Thanksgiving, and bringing storebought desserts to office potlucks, one of the best parts of the season is giving and receiving gifts.
And what better gift to give yourself, and your family, than a home of your own?
If you've been paying attention to the news lately, you'll notice that interest rates have been dropping for the last three weeks. This means that homes that were unaffordable a few weeks ago, are now ready for the taking.
In addition, if your budget allows you can check out New Construction options, and how they've been throwing the kitchen sink at potential buyers to move their inventory. Not only will builders offer you rates lower than you can get on the regular market, they can potentially toss in extras like appliances and other upgrades.
And most important of all, the holiday season is the absolute best time to buy a home for THREE reasons:
1. Generally there is LESS COMPETITION. Most people are thinking about who is making the Mac & Cheese instead of buying a home.
2. Sellers are MOTIVATED. If someone is putting their home on the market this time of year, they are looking to get it moved quickly.
3. You can write off your closing cost on your taxes! Thats right, the interest on your loan and closing costs can be written off to offset your tax bill. If 2023 has been good to you, best believe the IRS will want their piece of the pie. Those additional write offs can definitely help when it's time to file.
According to this article from the Dallas Morning News "More Dallas-Fort Worth area home sellers are adjusting their prices as the market heads into the traditionally slower winter market. About 27% of D-FW homes listed for sale with real estate agents had price reductions as of October..."
Taking all of the above info into account, if you get started TODAY (or at least this week), you can definitely be in a new home by the end of the year. Contact me at 214-799-0019 for your free consultation to discuss your options and connect you with a lender to get the process started.
