As you trade those shorts and tanks for sweaters and fireside blankets, try not to get too cozy—motivated real estate investors know that this chilly season can offer a hotbed of opportunities. From less competition to potential tax deferment, we're outlining some compelling reasons why winter might just be the perfect time to get your next project underway.
Prices typically hit their lowest levels
Forget the conventional wisdom that says spring is prime time to dive into the market— seasoned investors understand that prices are more than likely to hit their lowest in the winter months when less people are relocating.
Life events such as inheritances, job relocations, divorces, and retirees downsizing can happen any time of the year, including winter. These situations often lead to motivated sellers who are eager to close a deal quickly, especially in a slower market. This presents an opportunity for savvy investors to negotiate a better deal, especially when armed with approved financing.