Fall is one of the most beautiful seasons in Garrett County. Having four distinct seasons means there’s something new and special about each season. So while we’ll miss the warm sunshine of summer, we’re looking forward to the colors of fall and the crisp fall air. It’s no secret that most buyers look for their new homes in the spring and summer – but fall buyers have plenty of advantages! We rounded up our top five reasons to buy during the fall months!
Less Buyer Competition
Shopping for your home in the fall months can mean you’re ready to act when a late season listing hits the market! The Deep Creek Lake and Garrett County real estate markets have the lowest inventory levels in nearly a decade. That means when a good deal hits the market, it doesn’t last. With less buyers actively searching, you’re less likely to encounter multiple bid situations or missing out on a good buy. Regardless of the season, if you’re interested in a home, don’t wait to make a move!
More Motivated Sellers
Our market sees the largest influx of new listings during the spring and summer months. If the home hasn’t sold by the end of summer, homeowners typically begin considering more serious price reductions and are more open to negotiations on the sales price. Many homeowners may also want to sell their property before year end or before the holidays begin.
Less Distractions
During spring and summer months, a property’s landscaping is usually maintained regularly to enhance the home’s curb appeal. When the leaves have fallen and the grass is no longer growing, though, you’re able to focus more on the home and lot itself. Seeing the property during the ‘off’ season provides a more realistic view for a potential buyer. You’ll also know if you really love the house and the entire property when you see it during a bleak November day.
Get Better Deals
Buying a home can come with unexpected costs – especially for first time homebuyers. Buying new furniture, updating appliances, or updating paint and flooring are usually the first few steps new homeowners take right after purchase. The end of the year and the holiday season brings tremendous sales from stores! The savings and discounts may also allow you to do a little more with the same amount of money, too. Contractors and other laborers may also be more available during the fall and winter months when they can only do interior work.
Easier to View Lake Properties
It can be difficult to view properties in the Deep Creek Lake area during the summer months. Many homes are vacation rentals, which means they’re almost always booked for the majority of spring and summer with a very small window for showings between renters. Even if you can get in the homes, they aren’t always clean for your showing and you can feel awkward disturbing renters during their vacation if they allow the showing. Homeowners also often spend a large amount of time in their lake homes during the warm summer months. After summer ends, many of these homes are no longer occupied, or at least not occupied constantly. This can make it easier to see all of the homes on your list with less time pressure. Your agent can help you plan the best time to visit to view homes!
Whether you’re ready to buy tomorrow or thinking about buying in the next year, we’re here to help! Our agents can help you figure out your next steps, like financing or location research, and keep you up to date with listings and market conditions. Fill out our online contact form or call us at 301-387-2000 to get started today! You can also browse our current inventory here.
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