The holiday chaos has officially begun. With Christmas only a day away, Vancouver residents are madly trying to finish (or start) their holiday preparations. And while right now may seem like an inconvenient time to shop for real estate, in actual fact it is one of the best times of the year.
December and January are typically two very good months to buy a house. Buyers often save large amounts of money when purchasing a house during the winter. At this time of year, the weather tends to be lousy, which often deters people from house hunting. As a result, there is less competition and bidding-wars between potential buyers.
In addition, people are also often hit with high post-Christmas credit card bills after the holidays. Individuals often feel financially insecure when faced with such hefty bills. As a result, sellers tend to be more inclined to sell their houses during the winter when properties typically don’t show well and offers are lower than in peak season.
If you are interested in purchasing a house in the Lower Mainland, please feel free to contact me. I am a local Vancouver REALTOR® who can help save you money when finding the house of your dreams this winter.