3 Reasons Why You Should Consider Selling Your Home Before the Holidays.
As winter approaches, you may be planning your year-end goals. You could decide to relocate this year. If your existing home no longer matches your lifestyle, finding a new one may be your top priority. Should you sell your home now or wait until the housing market cools?
Here are three reasons to sell before the holidays.
1. Stay one step ahead of the competition at all times.
In the real estate market, it is typical for homeowners to have a lessened likelihood of placing their homes on the market at the end of the year. This is because, over the Christmas season, people's schedules and social calendars tend to get more hectic, so they put off selling their homes until after the new year, when things tend to settle down again.
Your home will be more noticeable if you sell it now rather than waiting until after the holidays, as some other homeowners may do. You should start the process as soon as possible with a real estate agent to have your property listed on the market and gain a head start on your competition.
2. Position Yourself Directly in Front of Serious Buyers During This Season
Even though this year there has been an increase in the supply of homes and buyer demand has decreased, the total supply is still relatively low. This indicates a shortage of houses available in the current market, which is particularly problematic given that members of the millennial generation are now entering their prime homebuying years.
This winter, there will be a continuous flow of serious buyers browsing real estate listings, and your home might be just what they need. You can get in front of eager buyers who want to move before the end of the year if you work with an agent to market your property today.
3. Seize a Fantastic Opportunity to Advance Your Career
Remember that today's homeowners are sitting on record amounts of equity in their homes. According to CoreLogic's research, a mortgage holder's typical amount of equity has increased to about $300,000. That's the highest point ever recorded. That means the equity you have in your home at the moment might pay some or all of a down payment on the house of your dreams, depending on how much equity you have.
And while you're weighing the advantages of selling your home before winter arrives, make sure you don't lose sight of why you're considering moving in the first place. The time may have come for you to buy a home that gives you the feeling of being at home, in a more convenient place for you and your loved ones, or both of these things. Your relocation is something you want to do, and you need the assistance of a reliable real estate expert to figure out how much equity you have in your property and how you can put it to use.
Do not put off your plans if you are considering selling your current home to purchase one that is a better fit for your requirements. Connect with me to achieve your objectives before the winter sets in.