While spring and summer generally take the top spots for the best time to buy a house, the fall season is quickly gaining popularity for several reasons. Check out these six reasons you should be considering becoming a homeowner this fall.

Less Competition
Competition for houses drops off in the fall, a time many people consider to be off-season in real estate. But there are still homes for sale — and in some cases, there’s just as much inventory as there was during the spring and summer.

Sellers are Worn Our
Some sellers who put their homes on the market during the prime selling times of spring and summer might have been a tad overconfident by listing their homes for more than buyers were willing to spend. After weeks with no action, these sellers are often ready to make a deal.

Sellers are Motivated
Not all homes on the market in fall are summer leftovers. Some people need to sell in the fall because the timing is right. Maybe they were having a home built, and it’s now ready. Maybe they need to move because of a job. The sellers with houses on the market in the fall tend to be serious.

Take Advantage of Tax Breaks
Attention first-time buyers: Although you can’t escape paying income tax, you can make a dent in what you owe when you become a homeowner. Property tax and mortgage interest are both deductions you can take for your whole years’ worth of income, even if you closed on your home in December.

More Attention from Agents
Because spring and summer are ideal times to buy a home, real estate agents are usually busier then. And that could mean you might not always get the attention you want. This is also true for other professionals you’re working with to buy a house.

Cash in on Year End Sales
There are bound to be improvements you’ll want to make after buying a house. You’ll also probably need to buy items to maintain your home, and if appliances weren’t part of the deal, you’ll need those too. Wouldn’t it be great to coordinate your home purchase with sales on items you’ll need? According to Consumer Reports, the calendar determines when it’s a good time to buy all sorts of consumer goods. In particular, September is a great time for buying carpet and paint. October means lawn mowers go on sale, and appliances and cookware are cheaper in November.

If you’re considering a home purchase in 2023, this could be just the time to make it happen. Reach out to one of the experienced pros at Metrowest – we’d love to go over your options!