If you are looking to sell your home, consider these five facts that suggest you sell during the winter.
Should you sell your home in the winter? This is a question many people ask this time of year. Get the answer by considering the following facts.
- Homes listed in the winter sell at least a week faster than homes that are listed during other seasons.
- They sell for 1.2% more money and are 9% more likely to sell than homes that are listed during other seasons.
- There is a lot less inventory in the winter, and the buyers are much more serious. We don’t get a lot of looky-loos. These are people that have to buy.
- Interest rates are going to go up in 2017. This will affect the amount of buyers that will be qualified to buy your home.
- You have to be closer to the correct market price, because you will have less showings. This forces you to start with the correct market price, which will get your home sold faster.Interest rates rising in 2017 will affect the number of buyers for your home.
Considering those facts, I would say winter is a great time to sell your home. If you have any further questions about the winter market, or if you are looking to sell your home, please give me a call or send me an email. I would be happy to help.
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