Holiday Housing Trends
The holidays seem to be here and gone in a flash – too quick to worry about home sales for most. But these five to six weeks between Thanksgiving and the New Year see enough variance in activity to create a trend.
According to the Daily Real Estate News and data from Realtor.com, while housing activity slows substantially on actual holidays (Thanksgiving and Christmas), buyers rebound quickly to make the most of their down time.
It turns out the holiday season is one of the most productive times for those looking to buy a home, with December 28 proving to be the busiest day of the entire year for searches. The slowest? Christmas Eve.
“The reason: When we’re over the holiday hump but still on break, it’s a great time to look for our dream home,” Realtor.com notes. “The same reason explains the surge of activity on New Year’s Day. And, perhaps, buying a house is a popular New Year’s resolution?”