Buying a Home in The Winter

Roof with brick fence covered in snowflakes

Ready to get a jump on the spring market? Look for your new home now during the winter months. Buying a home when the snow is falling can be beneficial to you as a buyer. It can even potentially save you some money. Here are 4 reasons to buy a home in the winter.

There are plenty of homes on the market in winter.

We’ve said it before: with technology, there is no off-season for real estate. In fact, “almost a million homes were sold in the US last winter (973,000 from Dec 2018-February 2019).” So there will be plenty of great homes available to buyers during the winter months.

While the quantity may be lower than the spring/summer market, you will still have great options available to you.

You’ll have fewer offers to compete with.

Winter weather keeps some buyers away from the market until the snow and ice has melted. This means there will be lower demand and fewer buyers to make offers.

We aren’t saying you’ll be the only person to place an offer on a home, but you may find yourself in a smaller pool of offers. This can work to your advantage and keep you from engaging in a costly bidding war.

You’ll see how the home holds up in bad weather.

It is easier to inspect the exterior of a home in the spring or summer. But winter will show how well the home performs in snow, sleet, ice, and cold. You’ll be able to see leaks, discover how the insulation performs, and find any heating problems.

Motivated sellers could help save you money.

Many homes listed in the winter because of a major life change. And while this doesn’t mean you’ll get a home for a severe discount, it may save you a few dollars. According to Trulia, buyers saved, “an average [discount] of 6.1% on home prices, the highest discount through the year.”


While it may be a cold outside, the real estate market is still hot! If you’re ready to start looking for your home now, check out homes for sale page to see all of the great homes available now.


First-Time Homebuyers: Don’t Make These Mistakes!

Have you heard? January is the new April! The spring market is kicking off unusually early this year, so if you’re a first-time home buyer you may be starting the home buying process earlier than expected. If you’re ready to start your house HUNT, here are a few common first-time homebuyer mistakes to avoid:


Looking outside of your price range.

man signing paperwork on a table

When you view homes online, it can be tempting to look at all the homes available without a price range in mind. But if you look at homes that are unattainable, you could fall in love with a home that you can’t afford. Think you can afford to stretch your budget to the max? Consider that while you may think you’re just spending an extra $10K, “…you’re paying an extra $10,000 plus interest (Investopia.com).” Carefully consider how much you can stretch your budget before you start looking so you don’t end up in a home you can’t afford.

Skipping your neighborhood research

blue front porch with seating

You’ll want to do some research on the neighborhoods you are looking at. Look into the neighborhood, and ask yourself important questions like:

  • What can of development plans are in the works? 
  • What are the zoning laws? If there is a lot of open land, what could be built on it?
  • Have home values in the area been on the rise or decline?
  • Is this a safe neighborhood during the day and night? (drive around at different times of the day)
  • Is this home on a main street? Will it get a lot of traffic? 

Getting caught in a bidding war

Couple with smart phone smiling

You find a house you love. The problem? So do 5 other people. While it can be easy to get into a bidding war, you may end up offering significantly more than a home is worth. This can become a major problem for anyone financing their home purchase. If you’re relying on a mortgage and the bank doesn’t appraise the house at or above the amount you offered, you may be coughing up a lot more money. And the worst-case scenario: your deal may fall through.

Make sure you know what the home is worth and how much you can afford before entering a bidding war. Your agent can be a great asset to inform you about the home’s value so you know when you should stay and when you should walk away.

Skipping out on an agent

Using a real estate agent to assist you in your home buying process is a great idea. In fact, 89% of homebuyers in 2019 said they used a real estate agent for their home buying transaction.

We always suggest that you do your research to find an agent or team to assist you. You want to be deliberate with your agent choice because your success or failure could depend on them. They handle a large portion of your home buying process. Don’t ever work with an agent that does not fit your needs. Make a list of recommended agents and look them up online. See what previous customers have said, what areas they specialize in, and what they can offer you. 


With the right agent to guide you, you can attack this “early” spring market with ease! Contact a HUNT Real Estate Sales Professional today if you’re ready to start your House HUNT.