For most people, the beach calls to mind images of hot summer days and long daylight hours spent relaxing in the sun or playing in the surf. But if you're considering purchasing a beach home, buying in the fall has some distinct advantages over other times of the year. Below, learn about a few of these benefits in more detail.
Why You Should Buy Beach Home In the Fall
1. A Less Competitive Market
During spring and early summer, house hunters will be preparing for the peak beach times ahead and will want to find the perfect property to enjoy their summer months. This mindset makes for an extremely competitive market, and it's not uncommon for a single property to receive multiple offers. The more offers a house receives, the more the price will continue to rise.
When you buy in the fall, the busy season is over. This means there is less competition, which keeps market prices low and can result in greater savings.
2. Owners Are Motivated to Sell
Because the height of summer is the most popular time for beach trips, there is an influx of homes on the market in the months leading up to this period. With so many properties to choose from, it’s natural that some may get overlooked, and the properties will still be on the market come fall.
Since demand drops in fall, owners are often more motivated to sell, realizing their window of opportunity for a profitable sale is narrowing. This benefits you because there may be more room for negotiating around the asking price.
3. There’s a Quiet Off Season Ahead
Buying a beach home in the fall puts you in a perfect position to settle in and embrace the upcoming quiet season. You can take your time getting to know your new home and community without hordes of beachgoers and packed businesses. The fall season also provides plenty of beautiful beach days without the scorching heat of the summer sun.
If you're ready to find an ideal beach home this fall, trust the real estate professionals at Sugar Sands Realty & Management Inc. They are headquartered in Orange Beach, AL, and offer beachfront real estate up and down the Gulf Coast. They also feature a comprehensive selection of vacation home and condo rentals. Call (251) 974-1672 or visit their website to start the search for your dream beach home.