Why Sell Your House in Winter?
Selling Your House During Winter in Apple Valley, MN and Lakeville, MN
As we look ahead to the most wonderful season for us northerners in Apple Valley, MN and Lakeville, MN, we start to look ahead, start to make plans, and realize there may still be somethings we want to achieve before the year end. One of those key realizations could be whether or not you want to complete a move this winter season or even before year end. If you have outgrown your current house and it no longer meets your needs, finding a house that better fits your lifestyle may be on top of your priority list. And with the current market conditions, is it really a good time to sell your house, or should you wait?
If you are ready to pull the tigger on the decision, have a look at a few reasons you may want to consider when selling during winter season in Apple Valley, MN and Lakeville, MN.
Proactively Get Ahead of The Competition
Normally, homeowners are the least likely to list during holiday season. This is because everyone is busy at the end of the year and their priorities tend to lean towards social events. This means that most homeowners hold off prioritizing selling their house until after new years.
This is exactly when you can decide to list your house and help it stand out NOW, when there is less or no competition. Let’s start the process today so you can get your house on the market and get a head start on everyone else.
Stand Out in Front of Serious Buyers
Due to increasing interest rates there has been a slight adjustment in inventory compared to same time last year. However, we still only have less than one months supply in Apple Valley, MN and Lakeville, MN area. That means there are not enough homes on the market today to meet the buyer demand, especially as the first time homebuyer population reaches their peak home buying years. As Mark Fleming, Chief Economist for First American, says:
“While not the frenzy of 2021, the largest living generation, the Millennials, will continue to age into their prime home-buying years, creating a demographic tailwind for the housing market.”
These serious buyers will still be searching for a home this winter and your house may be exactly what they are looking for. These eager buyers may be hoping to make a move this winter or before year end, if we work together to get your house listed now, we’ll be able to get in front of these buyers proactively.
Take Advantage of Opportunity To Move Up
Remember, right now, homeowners have an all time high amount of equity. According to CoreLogic, the average equity of a house with a mortgage has risen to almost $300,000. That is record setting! This means that the equity you may have in your house at this very moment would be enough to cover some or all of a down payment on the next home of your dreams.
And as you ponder the reasons to sell this winter, remember the reasons why you want to move in the first place. It is time to relocate to a better location or one that is more convenient. Time to get into a home with the space you and your family have been craving. The time is now. A knowledgeable and trusted real estate agent advisor, such as myself, can help you determine how much equity you have and how you can use it to make your dream of making a move a reality.
Bottom Line
You have been thinking about moving for long enough, let’s find you a home that better suits your wants & needs, the time is now! Let’s connect so you can attain your goals this winter season.