While home buyers are active throughout the year, there's no question that, this year in particular, it could pay dividends to consider listing your home right now.
There are a number of important reasons for doing this.
Firstly, market conditions are extremely favorable, due to the continuation of strong buyer sentiment, thanks to a combination of falling mortgage rates and Federal Reserve interest rates.
Secondly, and critical in our wonderful part of the world, there is some talk that we could be heading for a cold winter with above normal snowfall levels. While long range forecasts are never completely reliable, of course, we do live in an area that is always susceptible to bad weather, which inevitably has a negative knock on effect with buyers, who may struggle to get to view homes and/or will want to see them when they aren't covered in snow. Very cold temperatures can also act as a major disincentive.
Therefore there are some compelling reasons right now why delaying your sale may be problematic. But there are other important considerations such as if the economy will sustain, plus the possible uncertainties of an election year.
As we write, buyers are very proactively looking for homes and to lock in those very attractive low mortgage rates while they still can (there are no guarantees how long that trend will last, after all).
Please contact us today and we'll discuss your individual situation with you and further explore why it pays to sell now and avoid the risk that the market changes significantly in the coming months.
