Kingston Real Estate - buy in the Winter?

I saw this article from an agent in Nova Scotia, and thought it was well worth re-posting here for anyone in the Kingston Real Estate area to consider:

Just because it's winter, it doesn't mean it isn't a good time to buy a house.

The following are 10 great reasons to buy in winter.

1. Interest rates are generally lowest in winter. Like the price of gasoline, interest rates are generally highest when most buyers are buying in summer and lowest in winter.

2. Less competing offers in winter. Fewer sales, less chance to lose the dream home you are looking at.

3. Home prices are expected to be at their lowest during winter. All those over-priced homes will have been reduced.

4. Sellers are more likely to accept a lower offer in winter. They do not expect many offers so they may accept your lower offer.

5. Contractors such as electricians, plumbers, home renovators, movers, etc., are less busy in winter.

6. Utility connections are faster in winter. We all know how long it takes to get telephone or cable connected in the Summer time.

7. Winter is generally an indoor time. You will have hubby away from the golf course and into the basement completing your "Honey Do" list of renovations before the better weather comes around.

8. A winter move should not affect your summer vacation. Keep your summer time free to be with your family.

9. You can expect more moving and painting help in winter. You family and friends cannot give you many excuses why they cannot be there to help.

10. Bankers, inspectors, lawyers and Realtors are also less busy in winter.

(originally posted by Jim Knox, a Nova Scotia Realtor)

© 2010 Weekly News (Bedford, Sackville, NS). All rights reserved.

For any Kingstonn Real Estate market information, please contact me:

Michael Scriven - Real Estate Broker
Re/Max Realty Concepts, Corp.
Kingston, Ontario K7P 2N2
613.389.7777 office
877.924.3689 toll free
613.484.1810 cell/blackberry