Should I list my house in December?

Some of the best buys in real estate are in December
Some of the best buys in real estate are in December

Most people buying or selling real estate believe that summer is the busy season.  However, Winter does offer great buying opportunities for Holiday Home Shoppers looking for a perfect place.  Even renters who are looking to buy their first house or getting back into home ownership.  I have even seen growing families use this time of the year to find great deals on must sells and still get top dollar for their home, creating an big win-win.

According to stats found on the Houston Association of Realtors, your housing choices during the late fall are still healthy. October and November are great months to go house hunting.  Because of the Christmas Holidays, December is usually sparse, market-wise, but if that fits your buying timeline, you could get a big Christmas present from Santa Claus.  I love getting gifts worth thousands of dollars during the Holidays.  Wouldn’t you?


Here are the RockStars top reasons to buy a house at the end of the year.  They include the following:

1. Potential Tax Savings

Remember, If you close your new home by December 31, you can deduct mortgage interest, property taxes, points on your loan and interest costs. These deductions can be significant, saving you lots of cash, especially in the early years of your loan when you’re paying off a lot of interest.

2. You will find Motivated Sellers

Many sellers want to enjoy tax savings on the next home they purchase. They may accept lower bids in order to meet Uncle Sam’s deadlines. However, if you’re in a strong seller’s market, you’ll want to be conservative and heed advice from your real estate professional.

3. The Builders are offering lots of end of year incentives

If you’re buying a house that is brand new, there’s a good chance builders may push to close the books on their year—and meet quotas. They may offer upgrades or little extras to sell houses before the calendar turns.

4. Discounts on Movers looking for work

Some moving companies are just sitting around waiting for the phone to ring with employees complaining about how many times they have to wash the truck.  Many moving companies are booked six weeks or more in advance during the busy summer months. In the fall and winter, it’s normally easier to secure the services of a moving company or rental equipment on shorter notice.

5. Gain Equity in your home, not your Landlords.

You don’t have to ask for permission to paint your walls.  If you’re renting, your monthly check goes toward something that will last you a month: You’ll never see any return on that money. When you buy a house, put your monthly mortgage payment to work, as it goes toward an investment—and ultimately a roof that’s yours.

6. Payments stay the same for the length of the loan

Landlords can increase your rent, and I just remembered that I have a few tenants that need to do that to!!  Once you secure a mortgage, you can rely on consistent payments if you have a fixed-rate loan.

7. You can remodel and remove walls.

Modernize your kitchen, paint your home’s exterior neon orange, change your fixtures or replace your carpeting; whatever inspires you, no one can tell you, “No!”, except your spouse.

8. Your home is your savings account.

In the beginning, most of your payment goes toward interest. But gradually more will go toward paying off your principal, meaning you build up equity—or savings—in your home. Another factor in equity is appreciation: As home values rise, so does your rate of equity

The latest and the greatest fall listings in The Woodlands

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Can I sell my home in the Winter?



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