It’s nearing the end of the year, and many people are waiting until the spring to revisit the idea of selling their home. If you’re someone leaning towards that plan as well, I’m here to offer you hope that there’s still time to sell this year!
- Buyer demand is still strong! As eager as you may be to get your home sold before the holidays, many people out there are looking to buy before the new year as well. Also, of the buyers still out on the hunt are very serious and prepared to get the ball rolling fast. With the right strategy and price, it is most definitely possible to find a buyer and even close the sale before the jingle bells ring and 2019 is upon us.
- There is much less competition out there. It’s the holidays and many of your neighbors are busy planning for family gatherings, trips, and end of year celebrations. Take advantage of this period that most will treat as down time! Play up the holiday season by accenting desired features such as a cozy fireplace, sweeping staircase, and spacious dining room. Give your buyers a visual to get them excited about celebrating the holidays in their new home!
- Home values are always increasing. If you’re planning on upgrading to a new home, it’s important to consider that your potential new home is also increasing in value just as your current home is that you’re planning to sell. Don’t wait for what you’re hoping to be that perfect time to upgrade because it may never come.
- Interest rates are on the rise. As interest rates increase over time, buyers subsequently have lower purchasing power which directly affects the demand for your home. Recent 30-year fixed-rate mortgages are hovering around 5%, up almost a full percentage since January 2018. Many buyers are feeling discouraged by the increasing rates and home prices, so it would be in your best interest to put your home on the market now before purchasing power potentially worsens.
Whether you are looking to buy or sell, my priority is making sure my clients are getting top by the line services and experience a smooth transaction from start to finish. Let’s discuss your goals going into the holiday season; give me call at 360-410-1297 or email me at jerryblankers@muljatgroupnorth.com
Happy Holidays!