Thursday, November 19, 2015

Holidays, Real Estate & How They Correlate!



 Hi Friends,

I know you’re used to a little blurb here and then we provide you a link to a real estate article that I feel is relevant to our current market.  But today I’m changing it up!

As homeowners, we’ve been through a lot of change over the last decade; double digit price increases in the early 2000’s, the most debilitating crash of 2007 – 2013, the dramatic changes in lending and appraising as a result of the crash, and now a resurging market.  That’s a lot of adjusting.

But one of the most interesting adjustments we, at The McLeod Group, are working through is the increased amount of real estate sales that are happening during the holiday season.

Traditionally, we have looked forward to a “quieting” from about mid-November through New Years.  But these days, we’re finding buyers are willing to continue searching, sometimes even on Christmas Eve!

So what do these Buyers know that the rest of us ignored in the past? 

Plain and simple; there’s less competition.

In a brisk real estate market, buyers are frustrated getting their hopes up about a “home,” writing an offer that is competing, and deeply disappointed when their offer isn’t picked.  But during the holidays Buyers know they’ve got a good shot at getting a contract signed!  And they only have one frustration – little to no inventory.

And what happens anytime there is high demand with low supply? – prices tend to go up!

Crazy, right? 

So, if you’re thinking about selling, NOW could really be the right time.  And here’s some specific reasons why:

·      *   Homes show beautifully with holiday decorations. 
·      *  Showings occur in a smaller window of time during the day because of less daylight,
·      *   Winter Buyers are serious buyers
·      *   And your home might just sell for more!

Please call our office at 971-209-2657 if you think now is the time to sell.  I assure you – there ARE ready Buyers continuing to search for just the right home.  It might be yours!

With Warm Regards,
Amy





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