We all know the line that Spring is a great time to buy or sell a home. While that may be true, selling or buying a home in the winter can be a great idea especially if your house is ready and you’d rather not wait.
The housing market is still low on inventory, and serious buyers are out looking during the winter months more than ever before. New Year’s Resolutions to get serious and buy a new home may come into play in mid-January. The holidays are over and the busy spring and summer is not here yet, so this could be a great time for buyers to get looking. Most buyers looking at this time of year are serious.
Buyers are usually less put off by days on the market at this time of year. They realize the holidays could stall a sale and will still consider homes that have been on the market for a little while within reason.
Selling your house now could mean less competition for the new home you want to buy.
Choose your price carefully! Check out the comparables and be realisitic. Now is not the time to overprice your home. Don’t despair. If it doesn’t sell quickly, the busy spring market is right around the corner.
Winter is also a great time for buyers, even though inventory may be lower, there will be less competition and sellers are usually pricing their homes to sell.
Sellers are motivated to sell and may be ready to take your offer. There is less of a chance of getting into a multiple offer situation.
Also, this might be a slower time for your agent, so they have more time to devote to finding you a home.
Winter is a great time for buyers and sellers alike, so bundle up and get out there.
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