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

Henderson Nevada Home for Sale - 353 Brilliant Summit Circle Henderson, NV 89052

This beautiful Henderson Nevada Home for Sale is a 3 bedroom, 2 bath single-family residence is located in the heart of the affluent master-planned community of Green Valley Ranch. The Henderson home is a much sought-after single story with approximately 1,774 square feet of living area and a 2-car garage. It feature...

The Las Vegas Real Estate Agent Who Went Too Far

As Realtors we are programmed to go the extra mile for our customers. It’s all about providing superior service, right? And Las Vegas real estate is super competitive, so you really have to step up your game. Over the years I have scrubbed toilets, cleaned ovens, babysat for pets, helped clients find jobs, and in a c...

How to Handle a Low House Appraisal and Not Lose Your Dream Home

It's disheartening when a house appraisal comes back lower than the purchase price you and the seller agreed on. Your loan will cover only the appraised value of the home, so having to cover tens of thousands of dollars more than you anticipated could throw a serious wrench in the plan. Here's w...

Home sales beat forecasts setting new post 2007 record

Sales of  previously owned U.S. homes climbed for the fifth time in six months to the highest level since 2007, indicating housing-market momentum will extend into 2017, National Association of Realtors data showed Wednesday. by Patricia Laya at Bloomberg Key PointsContract closings rose 3.3 percent to a 5....

Get 3.5% Paid Toward Your Closing Costs!

If you have been thinking about buying a home in Las Vegas in the next five weeks, Fannie Mae might pay 3.5% of your closing costs! This spring, in an effort to move some of the foreclosure inventory in its portfolio quickly, Fannie Mae is offering a special closing cost incentive for owner/occupants who go to contract...

Leave a Comment

Have a Question?

Contact Us

Follow Us