Get free access to our world class MLS search tools, save your favorite listings, create saved searches & much more!

December: The Black Friday of Real Estate

Posted by Mastura Zaini-Roberts on Sunday, December 1st, 2013 at 2:39am.

Homes for Sale in Las Vegas during DecemberSavvy buyers know: the month of the December is THE very best time of the year to pick up deals on real estate in Las Vegas!

Most markets across the United States have a much longer "slow" season for real estate purchases. In the southern sunbelt, which is traditionally snowbird country, the summer months are the best time to pick up a bargain. In the north,  once the winter season starts, home shoppers go dormant until the spring.  

And all markets around the country see a particularly significant slowdown in the weeks between Thanksgiving and Christmas. Most people are too busy with holiday parties and shopping to give serious thought to buying a home. But in Las Vegas, which has a steady market pretty much all year round, that's the only time buyers are scarce.

And that's exactly when the investors and bargain hunters surface. Home prices are statistically lower in December, and they know that homeowners who leave their property on the market over the holidays are serious sellers ready to strike a deal. It's especially true for the high end luxury home neighborhoods of Las Vegas because most corporate relocations tend to occur during the month of January.

And there is less competition from other home buyers during December too!  If you have been discouraged earlier in the year by losing out to multiple offers, this is the time you should be actively pursuing a home. There are fewer bidding wars and the loan process is usually faster too since lenders aren't as busy. (The lending guidelines, however, will still be as strict, so make sure to get your finances in order before writing a contract.)

So if you are serious about investing in real estate, or if you are planning on buying a home for yourself later in the spring anyway, don't let the holidays get in the way of a purchase. That could cost you thousands! Instead, treat yourself to the gift of one of December's "Black Friday" real estate specials. Check out all the great steals on homes for sale in Las Vegas today!  

  

Mastura Roberts
(702) 919-5400
offers@greatlasvegashomes.com

Team Leader, The Tonnesen Team
Berkshire Hathaway HomeServices, Nevada
3185 St Rose Pkwy #100 Henderson, NV 89052

With over 30 years of experience helping families call Las Vegas "home!"



Related Blog Posts

Complimentary Open House!

7508 Bush Garden Ave,Las Vegas, NV 89129 5 beds 3 baths 2,896 sqft $410,000 Elevated patio overlooks 40-foot pool w/ Jacuzzi. Huge granite kitchen with 7 1/2-ft-long island and sep. breakfast area. Sep. dining rm. Formal living rm. Open concept family room off kitchen. Custom shutters. 3-car garage. Solar...

Take a 3D Tour of 2940 Rosanna Street

This stunning custom home in section 10 has gas appliances, public utilities & 600 additional sq/ft of living space. 5 Bedrooms and 5 Baths, this home is truly a turn-key property. It was redone by a designer from Paris and boasts new modern flooring and lighting, a custom chef's kitchen with designer c...

What does title insurance protect you from? A lot.

There are few things in life more important than protecting your home. The following matters are examples of why you need a title insurance policy. Remember that the best title examination or search cannot protect your equity and home from matters not appearing in the public records. However, a tit...

The "Magic" of Christmas Visits Las Vegas

The Magical Forest has become a cherished Las Vegas Christmas tradition. Originally it began as a small wine and cheese party that drew in passersby with its lovely Christmas lights, causing them to stop on their journey through the city and ask for a moment’s admittance. But the Magical Forest of today is a far cry...

Just Sold – 9335 Shawnee Mission Ave. Las Vegas, NV 89178

  First time Las Vegas home buyers dream come true! The buyer was determined to find the home of her dreams at a price she could afford, not always an easy task, but with Tami Jacobson, a star agent on the Tonnesen Team at Berkshire Hathaway HomeServices, she was on the right path. Tami was able to identify th...

Leave a Comment

Have a Question?

Contact Us

Follow Us