With the temperatures still quite low in Ontario, searching for a new home in February might not seem like the most desirable thing to do; and historically speaking, winter is a slower time of the year to sell. So, if you’re a serious buyer looking to purchase a new home during these cold Canadian winters, you should be able to take advantage of the lull and reap the rewards.
If you’re wondering if you should put off buying or selling a home until spring, why wait? Read on to learn more about the perks of selling when the air gets chilly.
The Internet Has No Seasons
In this day and age, buyers go online to search for homes—no matter what the temperature is outside. This instant access to property listings has had an impact on when buyers look for homes. Remember, serious home buyers are always on the lookout no matter what season. So even though the weather may be changing, it won’t stop home buyers from shopping.
Come spring, sellers will flood the market and your home will be just another fish in the sea. But right now, you’ve got a limited number of sellers on the market! Low inventory makes for better competition—and when buyers have fewer homes to choose from, you'll be able to sell your home a lot quicker.
Buyers Mean Business
If a buyer is braving the freezing weather to look at your home, they are likely very serious about buying. That’s because many winter buyers are working against a deadline, whether it’s an expiring lease, relocation, or a contract on their current home.
Remember—if you’re serious about selling your home, don’t wait for the traditional “right time”. There will always be serious buyers looking for a new home, so if you think you’re ready in the winter months, don’t wait. Now is the time!