Selling a Home in January or February - it's Hot!
You might think that the Winter months are a poor time to sell a home. Conventional wisdom would try to convince you that the weather is bad, the buyers are in hibernation and it is best to wait until Spring. Well, not every year!
The weather, well, in case you had not noticed, the weather this year has been extremely mild. Without the frequent weekend storms of last winter, buyers are free to spend time house hunting rather than shoveling. Not to mention the funds they have saved by not buying extra boots, hats, scarfs, snow melt, shovels, heating oil etc.
As far as the buyers being in hibernation, not this year. The market last Fall was extraordinarily quiet. There is a back log of buyers who have hit the market running. A single family home listed by Avenue 3 real estate this past weekend in Arlington was the recipient of three offers within 48 hours! And this property is not alone, many well priced listings have been received with the same enthusiasm.
Conventional wisdom point #3, wait until the busy Spring market. Why would you wait to be in competition with everyone else putting their home on the market in Spring. Selling a home in the Winter months gives you the advantage of less competition – your home will not get lost in the crowd of new listings hitting the market each week and a greater number of buyers may pay attention to it. In addition, mortgage rates traditionally trend upward in the Spring, making your home just a bit more expensive.
So, our advice, throw conventional wisdom out the window and take advantage of our hot market in the cold months by selling your home this February – it’s hot!
For information on what your home may be worth in today’s market, contact us at Avenue3re.com or call us at 617-520-6603.
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