1. REO companies want to book pending sales prior to the new year. They will look at lower offers than any other time of the year.
2. Less competition. The average real estate investor takes a break during the holiday season.
3. January and February are two of the best months to resell investment property. This has been consistent for over 20 years.
Interesting Fact: Dec. 28th is one of the busiest days for internet real estate searches in the entire year, despite the fact Dec. 24th is the single slowest.