Below are five compelling reasons to list your house this winter.
1. Demand Is Strong
The latest Buyer Traffic Report from the National Association of Realtors (NAR) shows that
buyer demand remains strong throughout the vast majority of the country. These
buyers are
ready, willing, and able to purchase, and are in the market right now. More often than
not, in many areas of the country, multiple buyers are competing with each other to buy
the same home.
the same home.
Take advantage of the buyer activity currently in the market.
2. There Is Less Competition Now
Inventory is still under the 6-month supply needed for a normal housing market. This means
in the majority of the country, there are not enough homes for sale to satisfy the number of
buyers in the market.
Historically, a homeowner would stay an average of six years in his or her home. Since
2011, that number has hovered between nine and ten years. There is a pent-up desire for many
homeowners to move as they were unable to sell over the last few years due to a negative
equity situation. As home values continue to appreciate, more and more homeowners will
be given the freedom to move.
Many homeowners were reluctant to list their homes over the last couple of years, for fear they
would not find a home to move into. That is all changing now as more homes come to market at
the higher end. The choices buyers have will continue to increase. Don’t wait until
additional inventory comes to market before you decide to sell.
3. Buyers Are Serious at This Time of Year
Traditionally, homeowners think about spring as a great time to list their homes, when more buyer
traffic may be out there actively searching. In the winter, however, the buyers who are seeking
a home – whether for relocation or otherwise – are serious ones. They’re ready to make offers
and they’re eager to move, often quickly. Your house may be exactly what they’re looking
for, so listing when other potential sellers are holding off may be your best opportunity to shine.
4. There Will Never Be a Better Time to Move Up
If your next move will be into the premium or luxury market, now is the time to move up.
There is currently ample inventory for sale at higher price ranges. This means if you’re
planning on selling a starter or trade-up home and moving into your dream home, you’ll
be able to do that now. Demand for your entry-level home is high, and inventory in the luxury
or premium market is too.
According to CoreLogic, prices are projected to appreciate by 5.6% over the next year.
If you are moving to a higher-priced home, it will wind up costing you more in raw
dollars (both in down payment and in your mortgage) if you wait.
5. It’s Time to Move On With Your Life
Look at the reason you decided to sell in the first place and determine whether it’s worth
waiting. Is money more important than being with family? Are you ready to go on with your life
the way you think you should?
Only you know the answers to these questions. You have the power to take control of the situation
by putting your home on the market this winter. Perhaps the time has come for you and
your family to move on and start living the life you desire.
your family to move on and start living the life you desire.
Holly Hurd~
Berkshire Hathaway HomeServices HWWB, REALTORS.... your source for all your real
Berkshire Hathaway HomeServices HWWB, REALTORS.... your source for all your real
estate. We are one of the Largest brokerage firms in Michigan, we have proven we can
stand the test of time
stand the test of time
in this ever changing market place a proven leader for you and all your real estate needs.
In today's competitive
In today's competitive
real estate market, timing is everything. Many good homes are sold before they are ever
advertised. Beat other
advertised. Beat other
homebuyers to the hottest new homes for sale in the Wayne/Oakland co. area with my New
Listings Notification.
Listings Notification.
If you own real estate that you're thinking of selling, I would be happy to provide you with a
FREE Home Evaluation.
FREE Home Evaluation.
Whether you are buying or selling a home, hire someone like me, who wants to earn
your business. I invite you
your business. I invite you
to contact me as I'd be happy to assist you with this important transaction. In addition, if you
have any general
have any general
questions about buying or selling real estate in Michigan, please contact me as I'm more than
willing to help
willing to help
.YOU CAN REACH ME DIRECT BY PHONE ANYTIME AT 734 718-5736
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