Seeing fewer for-sale signs now that summer is over? That can be great news for buyers who are looking to score a new home and buyers who want to get rid of their place and buy a new one. 

Some sellers become nervous as fall approaches that the ability to sell their homes will decrease- However,that is not the case. Throughout the Spring and Summer, the market becomes saturated with buyers and sellers, but the fall presents a smaller, more dedicated market that knows what they are looking for. If you think you missed the boat on making your move this year, we're here to tell you why buying and selling in the fall can work for you.

Less competition

Yes, there maybe fewer homes on the market, but there are also fewer buyers out there competing for the same home you want. That gives buyers an important edge."Families on a mission to move into a new home before school starts are out of the picture," said Forbes. "Competition for houses drops off in the fall, a time many people consider to be off-season in real estate. But there are still homes for sale - and in some cases, there's just as much inventory as there was during the spring and summer."

The benefit to sellers is that those buyers who are out there tend to be more serious, which means your REALTOR® can key in on the real buyers without having to sift through the riffraff.

Relocation and Empty-Nesters

The Fall Season is when kids go back to school, college, and often times is when employers look to relocate employees based on price reductions in many markets. Families have returned from summer vacations, and if they were looking for a home now is the best time to do so with less stress regarding planning and the start of school.Parents with students in college on the other hand finally have an “empty nest”which means they may be looking to down-size, relocate, or just make new memories in a new home. Finally with employers relocating employees in the fall, these new members of the community will be looking for a home with that Florida style that is appealing to those not from here originally.

Tax breaks

If you're a buyer who closes escrow before December 31, and you may get a nice write off on your taxes. "Property tax and mortgage interest are both deductions you can take for your whole year's worth of income, even if you closed on your home in December," David Hryck, a New York, NY tax adviser, lawyer, and personal finance expert told Realtor.com.

"Any payments that are made prior to the closing of the loan are tax-deductible. This can make a serious difference in the amount you owe the government at the end of the year."

There are also potential tax breaks for home sellers. "You can include all sorts of selling expenses in the cost basis of your house," said The Balance."Increasing your adjusted cost basis decreases your capital gain because this is what's subtracted from the sales price to determine how much of a gain - or loss in some cases - you've realized. If you have less of again, you're more likely to fall within the exclusion limit, and if you're gain isn't excluded, you'll pay taxes on less." And that's just the beginning.Closing costs and home improvements may also be write offs for sellers. Checkout the full list here.

Home for the holidays

Buy or sell early in the fall and you could be nicely situated in your new home in time for the holidays. Moving during a calmer time of year also means you may have better access to movers and other necessary resources than during the busier spring and summer seasons.

The right price

Did you list in the spring or summer with an exorbitant number that you thought you'd have no trouble getting because it was a hot market? That's pretty common these days.Whether you've had a revelation about the price you should be asking or have made updates to your home to justify a higher price, you're probably in better shape to get your (realistic) asking price in the fall. If you're a seller and you establish a smart pricing strategy, you could find your home standing out in the crowd and selling while others sit on the market.

Buyers also may have a better time getting a home that's within their budget because when there is less competition for homes, there is less chance of bidding wars and over-asking-price sales.

Great deals on stuff to fix up your home

Coordinate the timing right, and those items you need to fix up your home for sale in the fall or update and upgrade after a purchase might be priced to your advantage.

Check Consumer Reports for a full list of the best times of year to buy everything, and keep in mind holiday and Black Friday sales. You could score some great deals at this time of year! Contact me to get started www.edgewaterrealtyfl.com