Why selling during winter could be better
Dec 6 2011 4:24PM
The housing market has shown to be improving steadily from recent reports, and while the winter is typically known as a bad time for sellers, Inman.com says it could be the best. The source says that homeowners with property already on the market should keep it on and homeowners debating listing should go for it.
Sellers don't often put their homes on the market at the end or beginning of the year, so as the amount of competition dwindles down, a new home on the market could be appealing for potential buyers. The source suggests that the home be move-in ready, as potential buyers are most likely looking for an easy move during the holidays. Additionally, current mortgage rates and low average home prices are often very appealing to potential buyers.
According to the source, the supply and demand of homes plays a large role in the odds that a home is ready to be on the market, while the health of the local housing market is always more important than the national market.
