It is common knowledge that a large number of homes sell during the spring-buying season. For that reason, many homeowners hold off on putting their homes on the market until then. The question is whether or not that will be a good strategy this year. The other listings that do come out in the spring will represent increased competition to any seller. Do a greater number of homes actually come to the market in the spring, as compared to the rest of the year? TheNational Association of Realtors (NAR)recently revealed the months in which most people listed their homes for sale in 2016. Here is a graphic showing the results:The three months in the second quarter of the year(represented in red)are consistently the most popular months for sellers to list their homes on the market. Last year, the number of homes available for sale in January was 1,820,000. That number spiked to 2,140,000 by May!
What does this mean to you?
With the national job situation improving, and mortgage interest rates projected to rise later in the year, buyers are not waiting until the spring; they are out looking for a home right now. If you are looking to sell this year, waiting until the spring to list your home means you will have the greatest competition for a buyer.
It may make sense to beat the rush of housing inventory that will enter the market in the spring and list your home today.
Author:Raymond Edler Phone: 214-552-2091 Dated: January 26th 2017 Views: 42 About Raymond: ...
Keller Williams Preston Road is the #1 Producing office in DFW. Whether you are looking to buy, sell or invest in commercial or residential real estate, you'll want the experience you can trust to give you the service you deserve. Texas Real Estate Commission Consumer Protection Notice
"Hello, Raymond- We just want to let you know that we appreciate your recent services in the sale of our home at 3829 Overlook Court in The Colony. The initial meeting, staging, listing, and showings were all done in a very thorough and professional manner and your follow-ups were prompt regarding the questions we had. We will definitely recommend you to anyone interested in a home sale or purchase. Thanks again! Don & Robyn Harris"