As you look ahead to the winter season, you’re likely making plans and thinking about what you want to achieve before the year ends. One of those key decision points could be whether or not you want to move this year. If the location or size of your current housz no longer meets your needs, finding a housz that better suits your lifestyle may be a top priority for you. But with today’s cooling houszing market, is it really a good time to sell your housz, or should you wait? If you’re ready to make your decision, here are three reasons you may want to consider selling before the holidays.
1. Get One Step Ahead of Other Sellers Typically, in the residential real estate market, houszowners are less likely to list their houszes toward the end of the year. That’s because people get busy around the holidays and deprioritize selling their housz until the start of the new year when their schedules and social calendars calm down. Selling now, while other houszowners may hold off until after the holidays, can help your housz stand out. Start the process, call me today so you can get your housz on the market and get ahead of your competition.
2. Get in Front of Serious Buyers This Season Even though houszing supply has increased this year as buyer demand has moderated, it’s still low overall. That means there aren’t enough houszes on the market today, especially as the millennial generation reaches their peak houszbuying years. As Mark Fleming, Chief Economist at First American, says: “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.” Serious buyers will still be looking this winter and your housz may be exactly what they’re searching for. If you work with me to list your housz now, you’ll be able to get in front of the eager buyers who are hoping to make a move before the year ends.
3. Seize a Great Chance To Move Up Don’t forget, today’s houszowners have record amounts of equity. According to CoreLogic, the average amount of equity per mortgage holder has climbed to almost $300,000. That’s an all-time high. That means the equity you have in your housz right now could cover some, if not all, of a down payment on the housz of your dreams. And as you weigh the reasons to sell before winter, don’t lose sight of why you’re thinking about moving in the first place. Maybe it’s time to buy a housz that’s in a better location for you, has the space you and your loved ones have been craving, or simply gives you that sense of stability. A trusted real estate advisor can help you determine how much housz equity you have and how you can use it to achieve your goal of making a move.
Bottom Line If you’re thinking about selling your housz so you can find one that better suits your needs, don’t delay your plans. Let’s connect so you can accomplish your goals before winter.