When the supply of houses for sale is as low as it is today, it’s much harder for buyers to find homes to purchase. This means competition among purchasers rises and more bidding wars take place, making it essential for buyers to submit very attractive offers.
As this happens, prices rise and sellers are in the best position to negotiate deals that meet their ideal terms. So, if your neighbors decide to remove their listings this season, your house may quickly rise to the top of a holiday buyer’s wish list if you stay on the market.
Today, there are many buyers who are ready, willing, and able to purchase. Record-low mortgage rates and a year filled with unique changes have prompted buyers to think differently about where they live and to take action. The supply of homes for sale is not keeping up with this high demand, making now the optimal time to sell your house.
1- People who look for a home during the holidays are more serious buyers.
2- Serious buyers have fewer houses to choose from during the holidays, so you have less competition.
3- Houses show better when decorated for the holidays.
4- Buyers have more time to look for a home during the holidays.
5- Many people want to buy before the end of the year for tax seasons.
6- You can still restrict showings during your personal family events.
7- You can sell now, and specify a delayed closing or extended occupancy until early next year.
8- By selling now you have the opportunity to buy during the Spring when many houses are on the market.