This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

Winter's Chill Gives Edge to House Hunters

"In the summer you can't have that fireplace going," Reynolds says of another house feature that might go underappreciated in warmer months. For the buyer, this gives the opportunity to see how a fireplace works and fits within its surroundings. Cold weather also lets them experience firsthand how well (or not) the heating system works and whether there are specific areas within a house that are cold and/or damp.

Getting a good look at a lived-in home away from the spruced-up open houses of spring will give a more realistic view of everything. Is there clutter that couldn't be otherwise stored or scattered outdoors? Are there musty smells that fresh spring scents can no longer mask?

Buyers should be aware that sellers do have a few wintertime tricks up their sleeve.

"A lot of sellers will bake cookies or have hot apple cider on the stove with cinnamon and nutmeg in it," Reynolds says. "Those kinds of winter smells are going to be very pleasing."

Buyers may also need to keep on their toes as deals and counter offers proceed. Most agents with a solid grasp of local home values will probably urge a seller to take a reasonable offer more quickly, given a lack of many other prospects. Be aware that they may, at the urging of homeowners, be even more aggressive in trying to close a deal.

>>A look from other side: How the sellers beat the buyers in winter

A caveat, however, is that while winter can be a boon to buyers in most of the country, it can work against them in warmer states (Florida, California, etc.) that become even more attractive for snowbirds adding a seasonal home and folks whose relocation is spurred by a search for better weather.

The seasonal impact on home sales is also evolving.

Reynolds says that the advent of mobile technology is turning house hunting into more of a year-round process.

"They have access to property listings in the palm of their hand and at their fingertips 24/7," she says. "So while we are seeing that sales do wind down more so in the holiday season, in the fourth quarter of the year we have seen interest, searches and engagement on Realtor.com hold strong. People are always looking."

"Yes, interest, inventory and the amount of time properties are on the market dip when we get to the fourth quarter and in the very early stages of the first quarter, but the advent of mobile technology has helped buffer and temper the severe drops that we've seen in the past," she adds.

-- Written by Joe Mont in Boston.

>To contact the writer of this article, click here: Joe Mont.

>To follow the writer on Twitter, go to http://twitter.com/josephmont.

>To submit a news tip, send an email to: tips@thestreet.com.

RELATED STORIES:







Follow TheStreet on Twitter and become a fan on Facebook.

2 of 2

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!

Markets

DOW 17,778.15 +421.28 2.43%
S&P 500 2,061.23 +48.34 2.40%
NASDAQ 4,748.3960 +104.0840 2.24%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs