As the year comes to a close, you might be contemplating a significant decision – putting your house on the market. The big question is, should you make the move now or wait until January? While the allure of waiting until after the holiday season is understandable, we’re here to provide you with three compelling reasons why you should consider selling your house before the New Year.
- Outsmart the Competition In the world of residential real estate, homeowners tend to be less inclined to list their properties towards the end of the year. The holiday season tends to keep people occupied, causing them to deprioritize the sale of their homes until the New Year when life returns to a more routine pace. This, however, presents a prime opportunity for you to gain a competitive edge.
By opting to sell now, while others may be delaying their listings until after the holidays, you position yourself one step ahead of the competition. Begin the process by teaming up with a real estate agent today to ensure your house hits the market before your neighbors’ properties.
- Attract Eager Buyers While the supply of homes for sale has increased compared to the previous year, it still remains relatively low. This translates to a shortage of available homes on the market. While some potential buyers might postpone their moving plans until January, others face circumstances that demand immediate action.
These motivated buyers will remain active throughout the year-end period, driven by their urgent need to find a new home. This presents a unique opportunity for sellers as interested buyers during this time are often more serious and committed. A recent article from Investopedia suggests that selling your house in the winter can lead to quicker sales, as those searching for a home between Thanksgiving and New Year’s are typically serious buyers.
- Leverage Your Equity for a Smooth Transition It’s essential to consider the substantial equity that homeowners currently possess. According to CoreLogic, the average homeowner holds nearly $290,000 in equity, providing an excellent financial resource for your future endeavors.
As you contemplate selling your home before the year’s end, remember the initial reasons that sparked your desire to move. Perhaps it’s time for a new home in a more suitable location, one that offers better living spaces for you and your family, or maybe your needs have evolved over time. To get a precise understanding of your available home equity and how you can use it to facilitate your move, consult with a local real estate agent.
In Conclusion, Listing your home before the New Year offers a range of unique advantages. With reduced competition, motivated buyers, and the potential to leverage your equity, the stars are aligning in your favor. Don’t wait; reach out to us today, and let’s work together to achieve your goals before the winter season sets in.