Tis The Season To Keep Your Home On The Market
As we prepare ourselves for the holidays and the winter months ahead, home sellers may consider taking their home off the market or are debating whether to wait until spring to list their property. The advice from agents affiliated with Coldwell Banker Residential Brokerage is: don’t take your home off the market and don’t wait!
This time of year is incredibly advantageous for home sellers. The buyers in the market now tend to be very serious purchasers. They typically come ready with financing and are prepared to make a purchase decision. These buyers are ready to make a deal and make their move.
Additionally, with less competition in the market, your home has a better chance to shine and stand out from the crowd. It’s also a great time to take advantage of holiday decorations to bring the most curb appeal to your home. Put or keep your home on the market, regardless of the winter season, ensure that the property is in excellent showing condition, and it will sell.
Buyers really shouldn’t wait either. If you are interested in purchasing a home, and you are currently sitting on the fence, you may lose the opportunity to own your dream home, or may end up paying a lot more for it. While prices aren’t increasing by double digits as they were earlier during the recovery, prices are still rising. According to the National Association of Realtors, the median existing-home price for all housing types in October was 5.5 percent above October 2013. This marks the 32nd consecutive month of year-over-year price gains.
Also, when the spring market arrives, so does your competition. Right now there are fewer people looking so you’re less likely to run into competing offers and bidding wars and more likely to deal with a homeowner who is motivated to move.
If you are in the market to buy, then you need to come prepared with financing and be ready to make an offer. This will better position you to obtain your dream home.
If you want to gauge whether or not the time is right for you to make your move, look to the charts to see what is taking place in the communities you are most interested in. A Coldwell Banker Residential Brokerage affiliated sales professional can also guide and advise you throughout the entire home listing, selling and purchasing process. From our family to yours, happy holidays!