It’s summer 2015 and with the warm weather there’s no denying that the Real Estate market has heated up across Southern California.
Thanks to historically low mortgage interest rates, and a strong jobs market, we have more people than in years past searching for homes right now and home inventory across Southern California is going fast, but the good news is that help is on the way because, fall is right around the corner.
Fall is a great time of year to buy a home because, when the weather starts cooling down most people are returning home from their summer vacations while other home buyers are busy raising their children or planning for the upcoming holidays.
When you add these factors together it’s easy to see that there will be fewer buyers searching for homes than before and this also means less competition from other home buyers when it comes time for you to buy a home.
Don’t Forget About Those Tax Breaks
Another benefit which comes from owning a home is the tax breaks which you will enjoy including tax breaks on your property taxes and mortgage interest.
If you’re serious about buying a home during the fall you may also be able to pre-pay some of the Interest on your mortgage payment so you can deduct that interest at the end of the year.
It’s Practical to Buy in The Fall
Besides the obvious benefits of buying a home during the fall, another big reason to buy a home during the fall versus during the winter is the fact that when you buy during the fall you will be able to avoid the hassle of moving during wet weather in Southern California, or the part of the country where you may be planning on buying a home.
To learn more about the benefits of buying a home during the fall, or to view Southern California homes for sale, contact Fred Sed Realty today by calling us at (800)921-9231.