Exclusive Buyer

But because of the reasons outlined above as to why buyers tend to prefer to shop and buy in spring and summer, they often miss out on the savings that could be theirs if they were to hold out until winter. As a buyer, you need to learn how to take advantage of lower

prices in fall and winter! FIRST-TIME BUYERS

You have a particular advantage if you’re a first-time home buyer, because you simply need to get out of a lease, rather than worrying about having to sell another property first, which might cause you to have to wait until the “hotter” spring market to list your home, which means you might miss out on the savings of buying in the fall and winter when home sale prices are generally lower. Further, if you’re first-time home buyer looking for a starter home, you can take advantage of lower interest rates through FHA loans and various other first-time buyer programs. Starter home inventory also gets about a 7% boost between the months of October and December in the U.S., according to Trulia.com. MOVING UP OR DOWNSIZING However, even if you’re not a first-time home buyer, but are looking to move to a new neighborhood or purchase a larger home for an expanding family, you can still benefit from home shopping during the fall and winter. You might think it’s best to wait for a hotter spring market to sell, or you’d like to move into your new home by the end of summer, so you don’t have to move during the school year.