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5 Reasons to Buy a Home in December

December 4, 2024

December is here, and it’s a great time to buy new homes in Prosper TX. Yes, you can still purchase a new home before the end of this year. In fact, it can be a good idea to do so. Here’s why:

1. The last few months of the year are often slow times for the real estate market. Fewer buyers are looking at homes right now because they don’t want to move in the winter. That makes it a great time for ready buyers to swoop in and get the homes they want. There won’t be as many competing offers for the same house.
2. Winter sellers are often eager to close deals on homes before the end of the year. Homebuilders with inventory homes want to sell what they have and close out their books for the year. As a result, they can offer good deals on brand new homes.
3. Buying a home before the end of the year creates tax advantages. If you can close before December 31, you can deduct mortgage interest and some related costs on this year’s tax return. If you close after the new year, you can still claim the deductions, but you’ll have to wait another year to do so.
4. Trying to predict interest rates is a gamble, but you can come out ahead if you purchase a home before rates rise further. But don’t let your buying decision depend on that one factor. If rates fall in the future, you can consider refinancing to a lower rate.
5. Buying a home in the winter lets you see what the home is like during cold weather. Most homes are at their best in spring or summer, when everything looks and feels great. Touring a home in winter gives you a peek into how comfortable it will be year-round.

Landon has brand new quick move-in homes in Prosper TX ready for purchase now. Dominion at Brookhollow is located 15 minutes north of Frisco in Collin and Denton counties. The community is convenient to Highway 380 and the Dallas North Tollway.

Available homes in Dominion at Brookhollow are two stories and range from 2,396-2,747 square feet. They have 4 or 5 bedrooms, 3.5 or 4 baths and rear-facing 2-car garages. They feature first-floor main bedroom suites, flex spaces and open plan main living areas.

There’s still time to purchase a new home this year! Call new home sales managers Tanya M. Smith and Zach Lammie today at 619-508-0261 to schedule your tour of the Dominion at Brookhollow community of new homes in Prosper TX.

This post was written by Landon Homes.