Fall is a Great Time to Buy a Columbia SC Home

Columbia SC home sales are typically strong during the spring and summer, mainly because a lot families are trying to relocate between school years. But fall is a great time to buy a Columbia SC home as vacations have wound down, and most potential home buyers want to be in their new home in time for the holidays.

Why Buyers Want a Columbia SC Home in the Fall

40 percent of survey respondents like fall for homebuying because of the “back to school” and starting fresh mentality that hits when September and October come around. Twenty percent cite wanting to be in their new home in time for the holidays. And 10 percent want to take advantage of the tax benefit of buying and owning a home before the end of the year.

For the same reason sellers want to sell and close on their home sale before the end of the year, buyers can often times find better deals during the fall due to those sellers being more anxious to sell by year-end.

How the findings will affect what happens this fall remains to be seen.

The National Association of Realtors reports pending home sales in August 2012 declined after reaching a two-year peak. But the August figures are higher than August 2011.

Lawrence Yun , NAR chief economist, said some volatility can be expected in the monthly readings. “The performance in month-to-month contract signings has been uneven with ongoing shortages of lower priced inventory in much of the country, and across most price ranges in the West, but activity has remained at notably higher levels this year,” Yun said.

If you’d like to take advantage of the great fall home market in the Columbia SC area, give us a call or contact us through our site. We’d be happy to help you find a new Columbia SC home in time for the holidays.