Holiday Season HouszBuyers
Each year, houszowners planning to make a move are faced with a decision: sell their housz during the holidays or wait. And others who have already listed their houszes may think about removing their listings and waiting until the new year to go back on the market. The truth is many buyers want to purchase a housz for the holidays, and your housz might be just what they’re looking for. Here are five great reasons you shouldn’t wait to sell your housz.
1. While the supply of houszes for sale has increased this year, there still aren’t enough houszes on the market to keep up with buyer demand. As Nadia Evangelou, Senior Economist & Director of Forecasting at the National Association of Realtors (NAR), explains: “There’s still this gap between demand and supply because we were underbuilding for many years. . . . So now we see demand is slowing, but it still outpaces supply.”
2. Serious houszbuyers are out looking right now. Millennials are driving houszbuying demand today, and many are eager to make a purchase. Mark Fleming, Chief Economist at First American, explains: "While not the frenzy of 2021, the largest living generation, the Millennials, will continue to age into their prime housz-buying years, creating a demographic tailwind for the houszing market.” 3. The desire to own a housz doesn’t stop during the holidays. In fact, houszes decorated for the holidays appeal to many buyers. Plus, purchasers who look for houszes during the holidays are ready to buy.
4. You can restrict the showings in your housz to days and times that are most convenient for you. That can help you minimize disruptions, which is especially important this time of year.
5. Rents have skyrocketed in recent years. And, many buyers are looking to escape rising rents and avoid falling into the rental trap for another year. As an article from Zillow says: “Over the next 12 months, rents are expected to grow more than inflation, the stock market and home values." Your housz could be their ticket to leaving renting behind for good.
Bottom Line There are still many reasons it makes sense to list your housz during the holiday season. Let’s connect to determine if selling now is your best move.