Did you know? The months between now and Christmas make up the busiest time of the year for home sales. For sellers, this means you need to strongly consider getting your house on the market. And for buyers, with interest rates on the rise, this means you should make your move, if it’s something you’ve been thinking about for awhile.
September and October months contain a lot of anticipation and preparation for the new year. There are also plenty of holidays coming up just around the corner, creating less space on the calendar for moseying around. With little time to waste, people make decisions more quickly and want to cross things off their checklist before the end of the year.
If you are thinking about buying or selling before the new year, get started as soon as you can. Read below for four very good reasons why.
Who wants to move during the holidays? Most people absolutely do not want to do that. At the same time, having a house full of boxes and trying to make moving arrangements or possession arrangements during the holidays is just as undesirable.
During a busy season, both buyers and sellers tend to be more or less willing to negotiate certain things. Everyone’s looking for a favorable transaction.
Interest rates rise slowly and fall quickly, which means that they may just continue to rise for awhile. Don’t make the mistake in assuming that you are going to get a better rate in a few months. If the rates work for you now, and you have the money to invest in a home, just contact me and talk about your options.
Keep in mind that the interest rate on your mortgage determines how much your monthly payment is. Getting a lower rate means more money for other things.
More jobs means more money available to make investments in a new home. Buyers may have a bit more spending power than before, too.
In September and October, people have time to shop for new homes or make decisions to sell. With the summer over and the kids back in school, people can set up appointments and talk to agents.
If you’re selling your home or are even thinking about potentially selling your home, let’s connect. I can help you with a home valuation and market research report, as well as help you navigate this busy time of the year. Let’s talk about what you need to do to get your home sold in time for the holidays.