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Many homeowners think that the winter is not a good time to buy, but this couldn’t be further from the truth. In the winter months, you never have to deal with tire kickers or people who aren’t serious about making their move.
Since many people think that the spring is the best time to sell, there is a whole lot less competition right now. Sellers wait to list until it warms up again. As a result, there are fewer homes on the market in the winter. Decreased competition helps your home gain more exposure during the holidays.
There are many benefits to selling during the winter.
Buyers are motivated during the holidays and often push themselves harder, which often results in a willingness to pay more for a home than they would otherwise. As we head into an election year in which interest rates are slated to rise, you need to be aware that the market is going to undergo some significant changes. Even a quarter-point rise in interest rates will hurt the purchasing power of buyers, which may, in turn, affect your ability to get your home sold.
If you have any questions about how you can take advantage of current market conditions, please don’t hesitate to reach out to us. We’re always available to help!