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Five Reasons to Sell Your Home in the Winter

Five Reasons to Sell Your Home in the Winter

Five Reasons to Sell Your Home in Winter

Spring has historically been the “real estate selling season” in most people’s minds. Many home owners believe it is the best time to place their home on the market as buyer demand increases at that time of year. There are, however, advantages to selling during the cold seasons; here are five reasons to sell your home in winter.

1. Only Serious Buyers Are Out five reasons to sell your home in winter

At this time of year, only those purchasers who are serious about buying a home will be in the marketplace. You and your family will not be bothered and inconvenienced by the casual ‘lookers’. The lookers are at the mall or online doing their holiday shopping.

2. There Is Less Competition

Housing supply always decreases at this time of year. This year the number of distressed properties being liquidated by the banks (in the form of foreclosures & short sales) have slowed to a trickle in Frederick Md. However, for those buyers looking for a non-distressed property, the choices will be limited. If your home is one of the non-distressed home on the market, you’re at an advantage.

3. The Process Can Be Quicker

With fewer home sales taking place during the winter, the length of time it takes from getting a contract to closing can be shorter. The winter is traditionally slower for real estate sales, which is in itself an advantage for a seller.

4. This is a Great Time to Move-Up

If you want to move up to a larger, more expensive home, consider doing it now. Prices are projected to appreciate by over 10 to 12% from now to 2020. If you are moving to a higher priced home, it will wind-up costing you more in raw dollars (both in down payment and mortgage payment) if you wait. You can also lock-in your 30 year housing expense with historically low interest rates right now. There is no guarantee rates will remain at these levels in years to come.

5. It’s Time to Move On with Your Life

Look at the reason you decided to sell in the first place and decide whether it is worth waiting. Is waiting for an expectation more important than being with family? Is holding to an earlier plan more important than your health? Is waiting for any preconceived reason more important than having the freedom to go on with your life the way you think you should?

You probably already know the answers to the questions we’ve just asked. You have the power to take back control of the situation by pricing your home properly for your market, to guarantee it sells. Only you can decide if the time has come for you and your family to move on and start living the next phase of your life.

If your reasons for selling are compelling, don’t let the common myths and misunderstandings that always circle around keep you from getting to your goals. Whatever the time of year, people successfully buy and sell homes. Your long-term goals can be achieved, no matter the season.

Contact Chris Highland  for our High-Tech/High Touch Sellers Plan

Selling your home in Winter

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Five Reasons to Sell Your Home in Winter
Article Name
Five Reasons to Sell Your Home in Winter
Description
Five reasons to sell your home in winter, aside from the traditional wisdom that Spring is the time to sell your home, there are reasons to sell in winter
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Publisher
Chris Highland with eXp Realty
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7 Responses to Five Reasons to Sell Your Home in the Winter

  1. Those are good reasons. Another is that as long as the US Government does not repeal the mortgage interest deduction in 2013, there will be tax benefits to owning a home. Buying one in January will only increase the write-off.

    Additionally, real estate prices are increasing. If you are planning to buy within the next year and are financially situated to do it now, it only makes sense to purchase a home when the prices are low.

  2. This is good advice. Last year I found a Buyer for a listing because I held an open house during the holidays. If people are looking this time of the year, they are serious Buyers.

  3. I’m reading that if the MID is going to be adjusted, it’s going to be more targeted to higher income earners. I don’t think it will affect the typical middle-class homeowner. At least not for a while. You’re right, buying in winter will only increase the amount you can deduct for that year. Thanks for the extra tip!

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