Why is October the best month

for Real Estate?

October is here, so it’s time to unveil the beautiful

nature and views of the city. There is a reason why

people love this cool, crisp and amazing weather,

that is, it’s the best time to play and fun with

friends and family.

Offering all the great things, October allures certain

benedictions that are beneficial for real estate

trading.

In October, there is a seasonal pricing discount for

housing though certain rising can exist. The home

prices tend to decline at this time of the year as the

sellers who have listed their homes for several

months are willing to sell them by this time. The

buyers land up with an opportunity being the upper

hand in the situation and in all negotiating deals.

This season is considered to be the perfect time to

rush into signing contracts with lucrative deals. If

you want to get the most out this fall, it’s advisable

to buy sooner as interest rates may get higher. Raul

Sanchez De Varona, Miami, a popular real estate

can be asked for relevant guidance or support.

One must be smart enough to make a move before

the interest rates hit. The lower the rate, the more

you can purchase. Do not be at ease even when you

come across 30-year fixed mortgage low, the FED

will be meeting again this month, so watch out.

The benefits of the mortgage are more important

initially, as the interest rates can still be deducted.

Make sure if you want to optimize the taxes, either

look for itemized or standard deduction.

Moreover, at this time the sellers are motivated to

sell when it comes to the amount of homes. The

vital reason being the supply of listing shrinking

during that time of the year. Raul Sanchez De

Varona, a renowned name in real estate in Florida;

seek expertise knowledge if you are looking for

some.

Often, the competition is defined as families don’t

like to shift in the middle of a school year, people’s

life is caught between sports and holidays and a

swaddling effect enters with the weather change.

As the temperature lowers, it’s the perfect time for

a smart inspection and to access the value of the

property.