Why Buying a Home Now In Wichita Falls Is Your Winning Play

You may be sitting on the sidelines wondering if it’s better to buy now or wait. But buying before the spring rush may be a game-changing decision in the Wichita Falls area.?

1.) You'll Have Less Competition

Fewer people buy homes during the winter. That means less competition for you and more time to call your shot, since homes take longer to sell. January through March are typically the months with the longest time on market for a seller. Chen Zhao, an economist for Redfin stated "...buying during the off season means less competition from other buyers. That means potentially negotiating a better deal."

2.) You'll Have More Negotiating Power

With fewer buyers in the market during this slower time of year, and a slower pace of sales this season, sellers may be more willing to negotiate or pay for repairs, closing costs, home warranties, or a combination of these items for the buyer.

3.) You Can Lock in Today's Home Prices Before They Rise

Historically, prices are at their lowest point of the year in January, February, and March – right before the spring-buying kickoff when prices start to go up. 

Moving this winter can give you significant advantages, like less competition, more negotiating power, and lower prices. If you’re able to buy now, stay ahead of the game and outrun the competition. To tackle your homebuying plans this year, connect with a local agent.?