What's my home worth?

Enter your information and I'll get right back to you with a free home estimate.
Find out!
check

Sent

What's my home worth?

Enter your information and I'll get right back to you with a free home estimate.
Find out!
check

Sent

Todd Patterson

Discover Afforable Homes

Todd Patterson

Coldwell Banker

5 Reasons to Sell This Winter

December 02, 2019


Below are five compelling reasons to list your house this winter.

1. Demand Is Strong

The latest Buyer Traffic Report from the National Association of Realtors (NAR) shows that buyer demand remains strong throughout the vast majority of the country. These buyers are ready, willing, and able to purchase, and are in the market right now. More often than not, in many areas of the country, multiple buyers are competing with each other to buy the same home.

Take advantage of the buyer activity currently in the market.

2. There Is Less Competition Now

Inventory is still under the 6-month supply needed for a normal housing market. This means in the majority of the country, there are not enough homes for sale to satisfy the number of buyers in the market.

Historically, a homeowner would stay an average of six years in his or her home. Since 2011, that number has hovered between nine and ten years. There is a pent-up desire for many homeowners to move as they were unable to sell over the last few years due to a negative equity situation. As home values continue to appreciate, more and more homeowners will be given the freedom to move.

Many homeowners were reluctant to list their homes over the last couple of years, for fear they would not find a home to move into. That is all changing now as more homes come to market at the higher end. The choices buyers have will continue to increase. Don’t wait until additional inventory comes to market before you decide to sell.

3. Buyers Are Serious at This Time of Year

Traditionally, homeowners think about spring as a great time to list their homes, when more buyer traffic may be out there actively searching. In the winter, however, the buyers who are seeking a home – whether for relocation or otherwise – are serious ones. They’re ready to make offers and they’re eager to move, often quickly. Your house may be exactly what they’re looking for, so listing when other potential sellers are holding off may be your best opportunity to shine.

4. There Will Never Be a Better Time to Move Up

If your next move will be into the premium or luxury market, now is the time to move up. There is currently ample inventory for sale at higher price ranges. This means if you’re planning on selling a starter or trade-up home and moving into your dream home, you’ll be able to do that now. Demand for your entry-level home is high, and inventory in the luxury or premium market is too.

According to CoreLogic, prices are projected to appreciate by 5.6% over the next year. If you are moving to a higher-priced home, it will wind up costing you more in raw dollars (both in down payment and in your mortgage) if you wait.

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

Look at the reason you decided to sell in the first place and determine whether it’s worth waiting. Is money more important than being with family? Are you ready to go on with your life the way you think you should?

Only you know the answers to these questions. You have the power to take control of the situation by putting your home on the market this winter. Perhaps the time has come for you and your family to move on and start living the life you desire.

That is what is truly important.


Tags:

Featured Listings

listed
Luxury Ranch Style Home This single story ranch style home is located on over 33,500 square foot lot with asphalt frontage. There is a large covered entryway leading to the front doors. The home is very spacious.
$669,000
listed
3
beds
3
baths
3,010
Sq Ft
sold
Corinthian Subdivision JP Eliopulos Built. This single story home is located in a west Lancaster in a desirable area. The home has secure entryway. There is large ceramic tile flooring with vaulted ceilings. Open area floorplan.
$509,000
sold
3
beds
2
baths
2,274
Sq Ft
sold
KB Ironwood subdivision. Plan 3 This well located single story has upgrades. Four bedrooms and two bathrooms. From the entryway there is vinyl wood plank flooring leading into the great room with high ceilings, LED lighting and lots of window light.
$529,000
sold
4
beds
2
baths
1,886
Sq Ft
listed
This custom built two story pool home is located on a large lot in cul de sac street. Large open floor plan with a bedroom and bathroom down stairs. This well maintained home has been upgraded!
$699,000
listed
4
beds
3
baths
2,444
Sq Ft

Recent Posts