Everybody knows this. You can’t sell a house in the winter. People want to buy in the spring. That way they can move in the summer and the kids can start the new school year in the new school system.
Is there a chance that people who don’t have kids want to buy a house?
Does anyone ever get transferred at this time of the year?
Does anyone get a year end bonus that will make a great down payment?
All of the reasons above provide great reasons why you should sell your home now. There are still many buyers out there who are still looking for a new home. And there is still a shortage of available homes for these buyers to purchase. And the buyers that are looking now are serious buyers. And they are usually well prepared. Many have their mortgage Pre-Approvals, and have the financing process already started. But, along with the warmer spring weather, there will be additional homes on the market. So maybe you should take advantage of the situation and list your home for sale while there is less competition than there will be in a few months.
What few people realize is that January is the busiest month of the year for corporate transfers. And all of these people who are getting transferred need a place to live. And there is another group of people who receive their year end bonuses soon. And many of these people are out there house hunting.
If you are looking to move up and purchase a premium or luxury home, this is also a great time to do so.
Contrary to the started home market, there is an oversupply of luxury homes available. And with that oversupply, the sellers are realizing that they need to reduce the price to get their home sold. Since homes are predicted to rise in value almost five percent in the coming year, if you wait it may end up costing you much more to purchase your premium home.
I’m sorry to tell you, but if you are selling a premium home, you may need to reduce your asking price in order to get your home sold.
If you are ready to sell, and want to know what your home should be worth, give us a call. And to find your next home, begin your search at our web site, www.55plusinmonmouth.com
Bunny and Art Reiman – 732-616-6226 or 732-598-7700