The holidays are here, and it’s the perfect time to go house hunting! While most home buyers typically take a break during the end of the year, there are a lot of benefits to grabbing a cup of hot cocoa and heading out to find your dream home! Here are the top 5 reasons you don’t want to snooze on looking for your new home during the holidays:
5 Reasons to Buy a New Home During the Holidays
1) Paying Toward Something You Own
If you’re currently renting your home, you’ve likely felt the pain of rising rent. And that’s not likely to change anytime soon as the cost to rent in Reno has increased 9% compared to last year. And as inflation continues to rise, one of the best ways to shield yourself from the effects of inflation is by owning your home. Buying your own home allows you to lock in a consistent monthly payment with your mortgage and go toward an investment in your own home.
2) Less Competition
When compared with buyer activity during the rest of the year, winter is typically a slower season in the housing industry. If you’re an interested buyer, that’s great news from you! You’ll have more properties to choose from with much less competition. While others take the month off to celebrate the holidays, it’s a perfect opportunity to find your new dream home!
3) Great Selection of Move-in Ready Homes
For buyers looking to purchase a high-quality home in a hurry, Jenuane has a wonderful selection of move-in-ready homes. These homes give buyers all the benefits of new construction with little to no wait! Quick-delivery homes are an excellent option for renters looking to lock in a more permanent monthly payment.
4) Better Deals
‘Tis the season for deals, deals, and more deals! And who doesn’t love a great deal?! We’re offering our biggest deals of the year with our end-of-the-year Super Savings program. This is aimed at helping prospective buyers who have been priced out of the market and those who feel paralyzed by rising interest rates and inflation. These limited-time programs are offering Northern Nevada homebuyers a second chance at the prices enjoyed in the early months of 2021, along with promotionally low rates offered by their preferred lender, Guild Mortgage. These exclusive promotions allow buyers to experience payments as low as $2,211 and rates as low as 5.375%. They include the Price Crusher, Rate Shield, and our personal favorite, the buyer's Easy Button*.
5) Tax Benefits
The end of the year means your final chance to take advantage of tax breaks and benefits. Did you know that homeowners can deduct their mortgage interest on primary residences up to $750,000, along with combined deductions for up to $10,000 of local, state, and property taxes? You might also benefit from tax deductions for moving expenses.
Ready to Buy a New Home?
We’re here to help you find your new home for the holidays! Our Concierge Team is available seven days a week and can answer any questions to help kick-start your home-buying journey. Call us at 775-379-8100 or email Concierge@JCommunities.com to get started!