Today I want to talk to you about why December is the best time to buy property…
December is the best month for buying your next renovation or investment project. And there are a few reasons for that…
Firstly, vendors seem to draw a line in the sand.
They get this mindset around getting the property sold before Christmas. Once Christmas comes, the market dies for a few weeks until the kids go back to school. And towards the end of January, it cranks up again.
If the property doesn’t sell before Christmas, it’s going to be lying for a month or so, until the market gets going.
So you will find that vendors are more likely to consider your offer because there’s that sense of urgency to get it sold by Christmas.
Likewise, the agents know that if it’s not sold before Christmas, it’s going to be lying around for another month.