Now that the spring selling season is coming to an end, homeowners who have not been able to get their homes sold are asking themselves whether or not they should just wait until next spring to put their home on the market. There's really two ways to look at this.
In the spring you open your home up to more out of town buyers who have kids in school and are waiting until the summer to close so they can start their kids out fresh for the new school year.
On the flip side many people have a pre-conceived notion that the only time you'll sell your home is in the spring, and therefore that's a huge advantage to selling your home in the fall/winter. In the fall/winter, inventory is tighter than usual with less homes for sale. While interest rates slowly rise, buyers are still looking to take advantage of the mortgage market. With a steady influx of buyers and shrinking inventory in the fall/winter months it's a simple case of supply and demand that will cause your home to sell for top dollar.
If you have any questions, feel free to reach out to me, KyleKovats@Gmail.com
-Kyle Kovats, New Jersey Realtor
No comments:
Post a Comment