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Real Estate

Home for the holidays: 4 reasons to list or buy in December


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comp:000050bb18ae:0000001bc5:0881 0 <div class="the-content clearfix"><p><a href="http://www.zillow.com/blog/files/2012/12/Christmas-lights.jpg"><img class="aligncenter size-full wp-image-105875" title="Christmas lights" src="http://www.zillow.com/blog/files/2012/12/Christmas-lights.jpg" alt="" width="427" height="281" /></a></p> <p>Tis the season to sell and buy! Here are the top four reasons <a href="http://www.zillow.com/learnmore/what-zillow-offers-sellers.htm">sellers</a> should list and <a href="http://www.zillow.com/learnmore/what-zillow-offers-buyers.htm">buyers</a> should purchase prior to ringing in the New Year.</p> <h3>The commitment factor<strong><br /> </strong></h3> <p>Buyers searching for homes over the holidays are serious, committed and ready to go, often motivated by a deadline-oriented <a href="http://www.zillow.com/directory/real-estate-agents-relocation-specialists/">relocation</a> brought on by a career switch or an unexpected change in housing situation. Furthermore, with vacation time during the season, local buyers generally have more time during the weekdays to look.</p> <h3>Emotional buying</h3> <p>The holiday season also brings out emotions and feelings of nostalgia in buyers, which may help push their decision making to quickly move forward with the purchase. When <a href="http://www.zillow.com/directory/real-estate-services-staging/">staging</a> homes, sellers and agents should try to make the house feel as holiday-homey as possible. Let the buyers picture themselves there. How about some tasteful greenery, the gentle glow of twinkly lights, a little golden holiday bling and the scent of baking cookies wafting through your <a href="http://www.zillow.com/blog/tag/open-houses/">open house</a>?<strong></strong></p> <h3>The low inventory advantage</h3> <p><a href="http://www.zillow.com/blog/2012-10-11/massive-inventory-shrinkage-hits-first-time-home-buyers-in-california/">Inventory of homes for sale</a> is excruciatingly low. Buyers have fewer choices, which means sellers’ homes will be in demand — and greater demand equals more money. Low inventory isn&#8217;t necessarily a bad thing for buyers, especially for those who must make a decision quickly. However, both buyers and sellers must be realistic about desired purchase and sale pricing.</p> <h3>Tax advantages</h3> <p><strong></strong>Purchasing prior to the end of the year can be advantageous and motivating to buyers for tax reasons. Closing on a home before the end of the year allows you to deduct property taxes, <a href="http://www.zillow.com/mortgage-rates/ ">mortgage</a> interest, and <a href="http://www.zillow.com/mortgage-rates/ ">loan</a> points on this year’s tax return. If you can buy your dream home AND save money, why wouldn&#8217;t you?</p> <p><strong>Related:</strong></p> <ul> <li><a href="http://www.zillow.com/blog/2012-11-28/3-steps-to-get-back-in-the-game-after-foreclosure/">3 Steps to Get Beck in the Game After Foreclosure</a></li> <li><a href="http://www.zillow.com/blog/2012-11-20/build-your-real-estate-dream-team/">Building Your Real Estate &#8216;Dream Team</a>&#8216;</li> <li><a href="http://www.zillow.com/blog/2012-11-14/how-to-make-sure-the-one-doesnt-get-away/">How to Make Sure &#8216;The One&#8217; Doesn&#8217;t Get Away</a></li> </ul> <p><em>Samantha (Sam) DeBianchi is a Realtor and founder of <a href="http://www.debianchirealestate.com/">DeBianchi Real Estate</a>. Her expert real estate advice and straightforward approach can be seen and heard on FOX Business. Always keeping it REAL, you can follow Sam online on <a href="https://twitter.com/SamDeBianchi">Twitter </a>and <a href="https://www.facebook.com/DeBianchiRealEstate">Facebook</a>.</em></p> <p><em>Note: The views and opinions expressed in this article are those of the author and do not necessarily reflect the opinion or position of Zillow.</em></p> </div>
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