Friday, October 28, 2016

Don’t Miss Out on Fall Selling Opportunities

Why are the fall and winter months such a good time to sell a home? I’ve got five great reasons to give you today.

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I wanted to give you five reasons why you should list your home on the market now rather than waiting for spring.

The first is that inventory is usually low around this time of year. You want to take advantage of the fact that most homeowners are thinking of putting their house up for sale in the springtime, but if you do it now while demand is still high and the inventory is low, you’ll be able to position your home to attract a higher offer.

Secondly, remember that interest rates are still very good these days. There are discussions that the rates may go up after the new year, so buyers and sellers are encouraged to take advantage now and lock in those good rates. As a seller, remember that if rates go up, a portion of the people who qualify for your home now may not qualify.

Fall and winter buyers are usually more serious about getting a deal done.

The third reason is that there are more homes in the spring. It’s basic economics—the price of your home that the market will bear is a function of supply versus demand. It’s a good opportunity to sell now while demand is high and inventory is low. When the inventory increases in the spring, you'll just be another home on the market.

The fourth reason to list now is that buyers who are out looking for homes in the fall and winter months are usually far more serious about buying a home. It’s always a good idea to try to attract more serious buyers.

The fifth and final reason is that there are buyers out there who want to get into a new home before the holidays. If you put your home on the market now, it will be an option for one of these buyers who needs to buy fast.

These are the kinds of reasons why I offer my 2016 real estate report, which I’d be happy to give to you. It’s loaded with helpful information that breaks down Corpus Christi real estate from the perspective of both buyers and sellers.

If you have any questions about buying or selling in the fall, please feel free to give me a call or send me an email. I’d be happy to help!