Autumn is often considered the best time of year to buy real estate in the Australia and New Zealand. The cooler weather and the changing colours of the leaves may make you think more about taking a walk in the park than buying a new home, but autumn can actually be a great time to get into the real estate market.
Firstly, the competition for homes tends to decrease in the autumn. The majority of buyers are looking to move in the summer months, meaning that there is often less competition for properties during the autumn. This can lead to better deals and more room for negotiation.
Secondly, sellers who list their homes in the autumn are often more motivated to sell. This is because they may be looking to sell quickly in order to move before the winter months arrive. This can also lead to more negotiation room and better deals for buyers.
Thirdly, autumn can be a good time to assess a property’s condition. With the cooler weather setting in, buyers can get a better sense of how well the home is insulated and heated. Additionally, as the leaves fall from the trees, buyers can get a clearer view of the property’s landscaping and any potential issues.
DISCLAIMER
The following advice is of a general nature only and intended as a broad guide. The advice should not be regarded as legal, financial, or real estate advice. You should make your own inquiries and obtain independent professional advice tailored to your specific circumstances before making any legal, financial, or real estate decisions.