Happy Fall Everyone!
Thinking about Buying/Selling?
Now is a great time - Autumn and the holidays are no longer a real estate dead zone, for several reasons and doesn't mean you should scrap plans for buying or selling your home this year.
In fact, October, November and December can actually be good months to buy/sell.
My Real Estate Dream Team and I are here for you!
Enjoy the Video!
For decades, the conventional thinking was that if you missed the spring selling season, you missed the boat. Once summer rolls around and school starts shortly after that, families are more settled, the thinking went, and therefore less inclined to pick up and move (unless a job change or other circumstance forced them).
Spring may have been the busiest time but there's still plenty of action happening after Labor Day through winter. Times have changed.
Today's buyers aren't necessarily timing a home purchase or sale around school schedules. The result is urban expansion; more single, first-time and millennial buyers as well as baby boomers are looking to buy (and sell). Also, a lot of home-shopping, at least initially, happens online and via apps. They don't have to take time out of their busy schedules to drive around -- they can just sit down with a tablet on the couch.
Want to see what properties are available? Check out my website www.MonicaMancano.com (Ranked #1 Century 21 Affiliated Agents). It feeds from the MLS and you can see properties as soon as they become available.
As a result of the Internet, our hectic schedules and mobile lifestyles, the fall months are no longer a real estate dead zone. True, spring is still the busiest time overall. But there's plenty of action happening after Labor Day through Christmas, enough to make it worth your while to put up the 'For Sale' sign.
Here's why from Brendon DeSimone who is the author of Next Generation Real Estate: New Rules for Smarter Home Buying & Faster Selling, the go-to insider's guide for navigating and better understanding the complex and ever-evolving world of buying and selling a home.
Buyers are still out there: As mentioned, buyers never stop looking. A serious buyer is looking at new homes online 24/7, even through the holidays. If the right home appears, they're ready to move. In fact, it could be that buyers in the early winter months are even more motivated than buyers in warmer months because there is less going on. They have fewer distractions and are laser focused on finding a home.
There's less competition: A lot of people still buy into the old thinking that real estate slows to a crawl by October and virtually stops from Thanksgiving until, say, Valentine's Day. As a consequence, many potential sellers figure there's no reason to go on the market during these months. So they wait for spring. And that's good news for you, because less inventory on the market = less competition for you.
Even January can be a good time to sell: By now you're probably thinking about all the disruptions to your life that selling a home during the holidays might cause. For instance, you're in the middle of wrapping Christmas gifts when your agent calls. She wants you to leave the house right away so she can bring a motivated buyer by for another look.
If the potential for disruptions concerns you, put your home on the market in January. Inventory will still be very tight, and there will still be buyers out there looking. In fact, with the holidays over, there may even be more buyers out in January than in December. Also, January buyers may be more motivated. They've started doing their taxes and realize they need to buy. Or they've set a New Year's resolution to buy a home within the next 12 months.
Ultimately, as we enter the final quarter of 2015, there will no doubt be plenty of motivated buyers in the market, searching for just the right home at a time when there's less inventory. Doesn't that sound like a good time to sell?
Looking forward to hearing from you soon! Monica Mancano, REALTOR®, MRP, AHWD with Century 21 Affiliated