4 Reasons Why Fall Is Still a Good Time to Sell Your Home
Just because it’s fall doesn’t mean you should put off selling your home! Most suburban home owners tend to go on the market in the spring, since families with kids want to move during the summer and settle in before the new school year starts. In addition, cold weather and holiday bustle historically meant buyers were less likely to trek out and look for houses. And while statistically speaking, spring is still the most active real estate market, October, November and December still present a fantastic opportunity for sellers! Here’s why:
- Less competition. Because so many sellers follow tradition and wait until spring to go on the market, there’s less inventory available to buyers…which means less competition for you.
- Online browsing. Today’s technology allows most house hunting to start on the Internet, letting buyers search for properties in the warmth and comfort of their own homes. Motivated buyers will be sharply focused on finding the right house, regardless of the weather or season.
- Shifting buyer demographics. Singles, millennials, and empty-nest baby boomers don’t necessarily schedule their home buying decisions around the school calendar. Families who are relocating to the area also make big moves during the holiday break. Pay attention to these types of buyers who drive the market in the fall. You can find some great tips on how to do that here.
- Homestead exemptions. Buyers can apply for a homestead exemption for the following year if they close on a home by December 31. Big tax savings can be a big motivator for buyers.
Are you thinking of selling your Houston area home this fall? I can help! Give me a call at (713) 515-3463 or email me at robert@robertmrhoades.com to set up a free market analysis to find out what your home is worth on today’s market!
photo credit: Autumn via photopin (license)
Filed under: selling a house in the fall
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