Why closing on a home before 2026 could save you money

As we head into the holiday season, many people assume the real estate market slows to a standstill. While activity does soften this time of year, the Austin market continues to show steady movement and meaningful opportunities for buyers who are paying attention.

Each week we track local housing data, and this season is following a familiar yet important pattern. Showings on our listings have remained consistent, and we are seeing a noticeable wave of motivated buyers who want to secure a home before the year closes. There are several reasons why this timing matters more than many realize.

One of the most valuable advantages of buying before December 31 is the ability to claim your homestead exemption. This exemption provides a significant reduction in your property tax burden, but it only applies if you close on your home during the current calendar year and plan to use the property as your primary residence. Missing that window can mean waiting an entire additional year to benefit from the savings.

Buyers are also finding that pricing today is more favorable than it was at this time last year. Combined with interest rates settling in the low to mid six percent range, the current market offers a level of affordability that many were not expecting. Motivated sellers add yet another layer of opportunity. Anyone willing to keep their home on the market during the holidays is serious about selling, which often translates to stronger negotiating conditions for buyers.

While spring is traditionally viewed as the prime season for real estate, waiting can mean stepping back into a more competitive landscape with higher demand. Acting now allows buyers to take advantage of quieter conditions and financial benefits that may not be available a few months from now.

If you are considering a move or wondering whether the timing makes sense for your goals, our team is here to help you navigate your options. We are actively working with buyers and sellers through the holiday season and are happy to strategize with you.

We are grateful for our community of past and current clients, and we wish you a wonderful Thanksgiving week. If you missed Kristen’s full video update, it is worth a watch. It offers a clear look at the trends shaping the Austin market right now and what they could mean for you.
Watch the full video here: