Pros of Moving During the Holidays:
Less competition in the Housing Market
The real estate market tends to cool down during colder months. This often means less competition, fewer bidding wars, and more negotiating power. Sellers are often eager to close before the new year, making them more open to offers and potentially saving you money on your new home purchase.
An Abundance of Time Off
Most people have more time off during the holidays, providing a valuable window to plan, pack, and move. When house hunting, packing, and settling into a new home, every extra day off makes a significant difference in reducing stress.
Easier Moving Logistics
Just like in real estate, the moving industry tends to slow down during the winter. This means scheduling your move just got easier! You are much more likely to secure your preferred move-in date and may even find more competitive rates. Remember to still plan ahead and confirm your movers’ holiday availability when scheduling.
Holiday Sales on Home Essentials
The holiday season offers an abundance of sales on big-ticket items like furniture, appliances, paint, and décor. This is also true for services you may need, like professional cleaning or hiring movers.
Mortgage Tip: Do not open any new lines of credit or make any large purchases while you are in the process of securing a mortgage.
The Year-End Tax Benefit
Closing on a home before December 31st allows homeowners to claim valuable tax deductions (such as mortgage interest and property taxes) when filing their taxes for that year.
Please consult your tax advisor.
A Fresh Start for the New Year
Picture ringing in the new year in your beautiful new home! Use the process of packing and moving as an opportunity to declutter and reorganize so that you can start the year feeling fresh and settled.
Cons of Moving During the Holidays:
Inclement Weather
Winter weather can be unpredictable. Be prepared for potential cancellations or delays when scheduling your move in case you run into a sudden snowstorm or icy conditions. Remember to always have a backup plan.
Added Holiday Stress
The holidays are already a busy and stressful time with gift shopping, family obligations, and meal preparation. Adding a move on top of this can feel overwhelming. To make it more manageable:
- Stay organized and set realistic expectations.
- Lean on your family and friends for help.
- Prioritize your well-being during the transition.
Limited Daylight
With shorter days during the winter, you have less daylight for the moving process. Don’t let the lack of light deter your move, but be wary of black ice and icy conditions, and take necessary safety precautions for yourself and anyone helping you.
Essential Tips for Moving During the Holidays:
Plan and Budget Ahead
The earlier you start planning, the smoother your move will be. Create a comprehensive moving checklist, organize, pack, and label your boxes clearly. Crucially, budget for extra moving expenses alongside your holiday spending. The holidays are a great time to save on moving supplies with sales like Black Friday or Cyber Monday, so plan your purchases!
Monitor the Weather Closely
Don’t be caught off guard by inclement weather. Check the forecast regularly for updates on snow, ice, or rain. Keep winter essentials (coats, gloves, and scarves) readily available, along with tools like a shovel and rock salt to clear your walkways and driveway.
Protect Your New Home from the Elements
Purchase plastic sheeting, drop cloths, or use old towels to protect your new home’s floors and carpets from mud, snow, and salt brought in by movers and foot traffic.
Day-One Holiday Essentials
Create a clearly labeled essentials box that includes more than just toiletries and snacks. It should have holiday decorations (even just a few small ones) and a few small, wrapped gifts to help you instantly feel festive and settled in your new home.
Send Holiday Moving Cards
Sending out holiday moving cards is a thoughtful and festive way to let your friends and family know your new address! You can even include photos of your new home decorated for the season, giving them a glimpse of your new space.
Ready to Make Your Move?
Don’t miss the chance to save on your purchase and claim that year-end tax benefit! If you’re ready to make a smart move this season, contact us today to get started on your pre-approval!
