Buying and Selling Through the Holidays

The holiday season brings a different kind of real estate market. Buyers, sellers, and real estate professionals are balancing family commitments, travel plans, and shorter business weeks. But while activity may slow, the housing market doesn't stop. In fact, the holidays can create opportunities for buyers and sellers who plan carefully.

For buyers, less competition can work in your favor. Fewer active listings may mean fewer competing offers, and sellers who list during the holidays may have a specific reason to move. However, a quieter market doesn't mean every home is a bargain. Take the time to compare prices, review the property's condition, and understand the full cost of ownership before making an offer.

Timing also deserves extra attention. Inspections, appraisals, insurance approvals, underwriting, and title work all require coordination. Holiday office closures can add delays, particularly around Thanksgiving and Christmas. Remember that your mortgage Closing Disclosure generally must be received at least three business days before closing. Build that requirement into your schedule rather than hoping everyone can work around a last-minute deadline.

For sellers, presentation and accessibility matter even more. With fewer homes competing for attention, a well-maintained and properly priced property can stand out. Holiday decorations can make a home feel welcoming, but they shouldn't distract buyers from the property's features.

A few details can make a difference:

• Keep holiday decorations tasteful and avoid overcrowding rooms.

• Clear walkways, driveways, and entrances for safe access.

• Open curtains and maximize natural light during shorter days.

• Check exterior lighting so buyers can safely view the property after dark.

• Put away wrapped gifts, valuables, and personal documents before showings.

• Consider taking listing photographs before putting up holiday decorations. Those photos may remain online long after the season ends.

For everyone involved, communication is the best protection against holiday delays. Before committing to a closing date, confirm availability with your real estate agent, mortgage lender, escrow company, inspectors, and insurance provider. A closing date that looks reasonable on paper may become difficult when several businesses are operating with reduced holiday staffing.

Buyers should also take precautions when transferring closing funds. Always verify wiring instructions directly with the appropriate escrow or closing professional using a trusted phone number. Never rely solely on emailed instructions, even when they appear legitimate.

The holidays don't have to put a real estate transaction on hold. They simply require a little more preparation. Buyers who understand the timing, sellers who make their homes easy to show, and everyone who communicates early can keep a transaction moving without adding unnecessary stress.

The goal isn't to close as quickly as possible. It's to close with confidence, knowing the important details haven't been overlooked.

* Specific loan program availability and requirements may vary. Please get in touch with your mortgage advisor for more information.