MYTH: Winter Isn’t A Good Time to Sell My Home
FACT: Winter may very well be THE BEST time to sell your home… for many reasons!
While sometimes a challenge, there are many reasons why winter is possibly the best time to sell to put your home on the market. We’ve done the research, see – Should I wait until Spring to Sell My Home? Not According to the Data
Here are just a few reasons why now may be the time…
Fewer homes on the market could potentially mean a higher sale price now than in the spring when EVERYONE wants to sell.
Qualified Buyers Only
Serious buyers: Let’s face it, anyone who wants to move in the cold of winter is serious about buying.
January is considered the “Spring” of the real estate market! The average time it takes a real estate professional to market and sell a home is 3-4 months (Source: National Association of Realtors). That being said, putting your home on the market now would mean you will be moving in the spring and get the jump on everyone else waiting until spring to sell!
Another consideration… Interest rates have been slowly creeping up over the last few months. Depending on the purchase price, even a 1% increase in interest over a 30 year loan could mean tens of thousands of dollars more you’ll pay. Historically, when interest rates go up, home prices go down.
If you’ve been considering selling in the near future, or you know someone who is, you owe it to yourself (or them) to at least have a conversation. Contact Us online or call us at 732.455.5252. You can also register on our website for a complimentary Competitive Market Analysis and one of our real estate experts will be in touch.