Real Estate Market Changes For Fall
1. Fall real estate can be more of a buyer's market A buyer's market means you, as a buyer, are in the driver's seat. You might find that competition is down for homes after Labor Day, meaning you're probably in a buyer's market. And this is significant. "I find that I am able to negotiate better prices for buyers [during September and October] because we have less competition and the market is slower."
2. Vacation-home sellers see action
"If you start looking for a vacation home in the fall, you can have it purchased and furnished by spring." Winter is also a popular vacation time, particularly for skiers and people who love ice-skating and snow tubing. If you buy at a ski resort in the fall, you can enjoy the resort yourself or earn some serious dollars renting the place to winter-wonderland enthusiasts. "Resort communities, like in Colorado and the Rocky Mountains, offer robust winter rentals," "Purchasing in the fall allows a buyer to see immediate rental income from their property during peak holiday times."
3. Home prices, like leaves, fall
Many people list their home for sale during what they think will be the best time to sell: summer. And it often is. "Summer is peak selling season." But not everyone is successful. "When a property hasn't sold by Labor Day, sellers will reevaluate asking prices, creating greater room for negotiation."
4. There's no deadline for most fall home buyers
"Plenty of buyers have aspirations of moving in by certain holidays. But that can always be adjusted depending on the financial implications." Let's say you prefer to be in your new home by Thanksgiving, but you can get a better deal if you wait. You'll probably adjust accordingly.
So whether you are looking for real estate in Angel Fire or Taos we have many homes and condos to choose from. If you desire to build your" Dream Home" we have multiple lots or larger acreage in Taos and Angel Fire. Perhaps you are looking to live " off the grid" check out the Taos Earthships we have listed. We are here to help with all of your home buying needs. We have two locations to serve you, in Taos contact us at 575 758-5852. Angel Fire Real Estate office number is 575 377-2626.To speak directly to an agent call 575 770-3306. Our knowledgeable staff will go that extra mile.
Information obtained from Trulia.