Fall in Chetek WI is not just a great time of year for changing leaves, cooler weather and pumpkin picking— it’s also one of the best times to buy a home! There are a variety of reasons Wisconsin home buyers should make a move in the next month or two, including the number of other buyers in the market, tax credits, motivated sellers and more. Need a little convincing? Six Lakes Realty has included below four reasons why you might like to consider buying a home this fall:
Less Competition
Many buyers in Wisconsin tend to think spring and summer are the only months to buy a home and as a result, many will hold off until the new year. Lucky for fall buyers that means less competition as you shop for Chetek WI properties! There may be fewer homes to choose from this time of year, but taking advantage of this real estate tip could help you find the perfect home at the perfect price!
Motivated Sellers
Homes listed during the fall could be lingering from the summer market or have sellers looking for a speedy sale in time for the holidays. Buying a home over the next two months could give you just the leverage you need to negotiate a great deal with the motivated sellers.
Tax credits
As if the above two reasons weren’t enough, there is a financial benefit to a fall real estate move! Buying a home before the end of the year allows you the opportunity to claim certain tax credits on your return come April. You may be able to deduct mortgage interest, property taxes, and closing costs from your taxable income.
Lower home prices
According to a RealtyTrac real estate analysis of millions of home sales over the last 15 years, the best month to find a deal on a home is October. Buyers may be fortunate enough to score a home for as much as 2.5 percent below market value this month! So don’t delay if you’re on the hunt for a home with a desirable price tag— now is the time to jump!
Six Lakes Realty is happy to help find your dream home in the City of Lakes, no matter the time of year! Give us a call today for more information on the current real estate market and for a list of available properties that meet your criteria.
We look forward to hearing from you!
John Flor
Managing Broker
Six Lakes Realty
Office: (715) 924-4806
Email: john@sixlakesrealty.com