The holidays are behind us and the weather is getting colder. Looking forward, you may be wondering whether to put your home on the market now or wait.
In my experience, homes do sell in the winter. There are fewer homes offered and the buyers are generally more serious. I get fewer people "just looking". This year may be even better because all indications are that interest rates will go making waiting to buy a real gamble. Higher interest rates could mean buyers can afford less of a mortgage. The chart below shows how interest rates affect the monthly mortgage payment.
In 2014, home prices continued to increase. If you're a home owner and thinking of selling, or know someone who is thinking about selling, please let me know. I will customize a marketing report for your home and neighborhood. This insightful report costs your nothing but an opportunity to show off your home.
Some people also consider doing a For Sale By Owner. While that may sound appealing, there are a few things you might want to consider before doing that.
As a real estate professional, I can sell your home for the right price in a reasonable time period.
Give me a call today! I look forward to sharing my knowledge of the market with you!