The end of the year is already considered to be a busy time, but for many who also take part in holiday festivities, the thought of buying or selling a house during this time is absolutely ludicrous.
Case in point, the week of Thanksgiving saw mortgage applications decrease by nearly 12 percent compared to just one week earlier.
Rather than putting buying or selling a home on the back burner though, the holidays can actually be an ideal time to take the plunge into the housing market:
Getting in the Holiday Spirit
Realtors ask that houses take on a traditional, neutral appearance during much of the year in order to gain the greatest buying interest. This leads many sellers feeling wary about unpacking holiday decorations come December, but Realtors have actually found that during the holidays, homes that are decorated with Christmas trees, colorful lights, or holiday garlands actually tend to sell at a faster rate than ever. Realtor.com elaborates on this, explaining that the inviting Christmas decorations give off a warm ambiance and put home buyers’ senses in overdrive.