(at least I think that's the quote)
This is the time of year when many buyers and sellers decide to "wait until spring". However, the real estate store is open all year round. Some of the transactions that worked out the best for all parties happened right around the holidays--even during heavy snow storms.
In my history, March and April are the months with the most transactions closed. That means the buyers were out in the middle of Winter home shopping. The best advice I can give someone who is looking to sell "in the spring" is to get your house on the market right after New Years. Every year, I am surprised at how early the phone starts ringing off the hook. And every year its earlier.
Buyers...Sellers get more hopeful in the spring--Hopeful that your low offer will be beat by one of the many buyers that hit the home buying market in the spring. Sellers have time to wait in the spring. With most sellers putting their homes on the market early in the year, that is also when there is the best inventory of homes.
And then there is the interest rate equation. They are low right now--5.5% or there abouts most places. If you were previously looking at 6% this can save you about $60/month on a house payment. If you were at the 6.5 % we were at last week, then this is over $100 savings on a home payment/month.
No matter what the season, homes are always for sale. There are just as many benefits to NOT waiting as there are for waiting...
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