Posts from October 18th, 2013
Subscribe and receive email notifications of new blog posts.
RSS Feed
18
Buying a House in the Fall
One unique feature of the real estate market is that it doesn't close for the holiday season. It is always open, every day of the year. Like other businesses, the real estate market can be cyclical. This can be based on mortgage rates or economy but can also be based on the time of year.
Fall is a busy time of year for many activities, including housing. There are certain advantages to buying or selling during the autumn months, including end of year tax breaks, greater selection of homes to choose from and good moving conditions. Mortgage interest and property taxes can be deducted from gross income and in some situations if interest is prepaid before the due date of the first house payment toward the end of the year it can be deducted.
Fall is also an optimum time to...
