Skip to main content

You Can Buy And Sell Real Estate During The Holidays

It's common knowledge that most people are advised to get their home on the real estate market in late spring or early summer as that is "real estate season." While the majority of homes do sell in the spring and summer, listing your home or looking for a home during the holidays or in the winter is not as taboo as some would lead you to believe. There are actual benefits to listing or looking for a home during the holidays, and if you've missed out on the real estate scramble of the spring and summer, starting a home search or listing your home now might just be in your best interest. Here are some of the top reasons why you shouldn't avoid listing your home, or looking for a home, during the holidays.

 Buyers Never Stop Looking
Many would lead you to believe that the real estate market comes to a complete stand still during the holidays or in the winter, but that's not the case. Every state's real estate market is thriving year-round, and that even includes during the holiday season. Serious buyers never stop looking, and a serious seller (or a seller that wants or needs to sell their property) will keep their home or property on the market all year long. The holidays bring out the buyers and sellers that are determined -- they need something or want to sell now, and they're not willing to wait for the spring or summer.
Inventory and Competition
While it's known that home inventory is largest during the spring and summer months, the MLS always has home and properties listed on it. Fall and winter will have properties available, but the number of properties will be lower. Unless you're totally transfixed on a certain home, or you have a list of needs and wants a mile long, you can be sure to find a property that will fit your housing needs throughout the year.

 Affordability
This is specifically for buyers, but it's widely known that home prices slightly fall in the fall and winter when the market has cooled down and more serious sellers are keen to get a sale. This is mostly because real estate sales are seasonal. But that's not to say if you list your home in the fall or winter you're going to have to drastically slash the price in order for your property to sell. While it might sit on the market a little longer than it would in the spring or summer, fall and winter sales happen, and if you're a serious buyer or seller, you know you'll want to do all you can to make your dream of buying or selling a home a reality.
Homes Look and Feel Charming
You'll see a lot of articles on how to spruce up a home to ready it for the real estate market, and while the tips are definitely valuable, it's not a secret that many people decorate their homes over the holidays. There's something warm and inviting about a decorated home, or a home that feels cozy, and people who list their homes in the fall and winter can take advantage of a fireplace or candles to make a room more inviting.

 The reality is, the home buying season is now year-round and the holiday season can be a great time to buy or sell a home. There's less competition for sellers, at a time when motivated buyers are out there looking and these buyers will be motivated to see your home, regardless of what the calendar says.

Labels

Labels:

Comments

Post a Comment

Popular posts from this blog

Real Estate Advisor: January 2019: A New Year Checklist For Your Home

If you’re looking to start a-new this coming year, why not have a checklist of things you can do for your home to give it a fresh start to 2019? There’s nothing better than a clean home, and it’s a great way to begin a brand new year. Start With The Little Things Many of us, whether we rent or own, tend to overlook the little things. But even the little things can make a huge impact on our homes. Add these to your home’s new year checklist: Check batteries on fire/smoke detectors and carbon monoxide detectors. We hate hearing the chirp of a dying smoke detector in the middle of the night - be proactive and change out all the batteries now! Clean your clothes dryer. Vacuum out lint from the dryer vent. Too much lint can be a fire hazard if it’s accumulated over time. Also, if you have too much lint build up, your dryer may not even work at maximum power. Clean vents and registers. Things can get stuck in and even build up in your home’s vents and registers. Wipe...
Post a Comment
Read more

Real Estate Advisor: February 2019: Key Questions For Owners Thinking Of Selling

Taking the plunge and listing can be an exhilarating decision, but doing so without asking yourself some  important questions could leave you scrambling to figure out what you're going to do should your home be a highly sought-after property. If you're toying with the idea of listing, ask yourself the questions below before you make your final decision.    HOW MUCH IS MY HOME WORTH? Unless you consistently check real estate prices in your area or are comparing comparable homes in your neighborhood, it's likely you may not know the true value of your home. If you're thinking of selling, it's important to find out how much your home is worth. If you are dreaming of a new neighborhood, with the hopes that you'll make a good amount of money off your current residence, do your due diligence and ensure your home is worth what you think. The last thing you want is to find out your home is worth less than you thought and your dream neighborhoo...
Post a Comment
Read more

What's The Deal With Flipped Homes?

Americans love their home improvement and design shows. With entire channels dedicated to DIY, home decor and design, and everything related to U.S. real estate, we love the possibilities that lie within the real estate market in America. One popular aspect of many shows and publications is home or house flipping. We hear a lot about flipping homes, but what does that really mean? Is it feasible for everyone? Are there risks? Should you buy a flipped home, and what questions should you ask if your property search lands on a potentially flipped property? What is Flipping? Flipping is a predominately U.S. term used to describe purchasing a property with the intent of quickly reselling it for profit. Most of the time, properties that are purchased with the intent to flip are those that are distressed, abandoned, or otherwise in need of repairs that make the property less desirable to other potential buyers. Flipping has become increasingly popular throughout the U.S...
Post a Comment
Read more