When do you think is the best time to sell your home? Spring, summer, winter, or fall? Most sellers believe that the springtime is the best time to put their home on the real estate market due to the fact that buyer demand increases around this time of year. Surprisingly, however, the fall and winter have their own benefits! I will give you 5 reasons as to why the time to sell is NOW!
#1 - Only serious buyers are out in the Fall and Winter.
Majority of people who are home searching during these seasons are serious about purchasing a home in the marketplace. You will not have to worry about individuals coming to merely “look” at your home, you will not be bothered by “buyers” who are not serious.
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#2 - There is far less competition
During the Fall and Winter seasons, the housing supply decreases, thus buyer demand increases. Serious buyers during this time will only have a limited amounted of properties they will be able to view. This is why Fall and Winter months are a better time to put your home on the market, come Spring time all other potential sellers in your community will be placing their home on the market.
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#3 - The process will be quicker
A huge challenge of this past year has been the amount of time it takes from contract to closing time. During the Winter months, banks are less busy with purchases and refinancing loan requests.
#4 - There will never be a better time to move on up!
If you and your family are currently considering moving into a larger, more expensive house, well than now is the time! The market projects that prices will appreciate by over 25% from now until the year 2018. It is also a great time to sell your home and upgrade to a more expensive home because waiting will cost you more in raw dollars and 30 year housing mortgages are at a historically low rate.
#5 - It is time to move on with your life!
I suggest you reflect on the reasons as to why you are deciding to sell your home now. Based on those reasons, now it is to be decided, whether or not it is worth your time to wait to sell. Is money more important than family, your health, or having freedom to live your life as you see best fit? You have the power now to take control of your home’s pricing to ultimately guarantee it sells.
