We have been a little slower here in Naples, maybe some of the sellers are a bit more motivated!
1. Lower home prices.
1. Lower home prices.
In October, home buyers paid 2.6 percent below the estimated market value at the time for their homes, the study shows.
2. Less competition.
3. More leverage.
Home sellers in the fall may be more pressed to sell. They are “generally people who need to sell, which can make for better negotiations for the buyer,”
4. Year-end tax credits.
Home buyers who close on a home by the end of the fiscal year may find a nice tax deduction awaiting them on April 15. They may be able to deduct closing costs, property tax, and mortgage interest to offset their taxable earnings.
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