Happy Autumn Everyone!
Although we hate to see summer go, here at Midge & Co would like to remind you the fall real estate market is almost always a hot season. To be honest, fall is the second best time of the year to sell a home. If you have been thinking about selling your home, we would like to share with you, 4 reasons to consider doing so this fall!
1. Buyer Demand Is Strong
Sometimes buyers in the summer just go around and look because the weather is good and they are just
dreaming and not really ready to take the leap yet in home ownership. During the fall months, there tend to be fewer people who are “just looking” than in the spring and summer and more serious buyers. Many investors/cash buyers like to buy this time of year because they are looking to deal on the price. While fall is not always considered the typical home-buying season, there are a lot of advantages to listing your home now, especially at a time when others often shy away from selling.
Buyers are still out in full force looking for their dream homes! These serious buyers are often competing with one another for the listings that are available! According to the NAR, the median days on the market for a listing, was only 29 days last month!!
2. Less Competition
Housing inventory is still under the 6-month supply needed for a “normal” housing market. This means, that there are not enough homes for sale to satisfy the number of buyers in the market, which in turn fuels the competition among buyers that we outlined in reason to sell #1.
3. Buy More For Less
Prices are projected to appreciate by 5.1% over the next year according to CoreLogic. So if you are looking to move to a higher-priced home, now is the time, as waiting will ultimately cost you more in both down payment & mortgage payment.
4. It’s Your Time To Shine
Take a moment and look at the reasons you have to sell your home in the first place and determine whether it is worth waiting. Perhaps the time has come for you and your family to move on and start living the life you desire! If you have been planning to upgrade, now truly is the best time to do so!
Did you know that Midge & Co offers our clients a FREE Home Valuation & Market Analysis? A Comparative Market Analysis is an excellent way to get an expert opinion on the value of your home using comparables in your area. You can schedule your free market analysis HERE or Call 989.202.4343!!
Currently, Midge & Co is up almost 5 million in sales over last year & we are confident in our efforts to reach our goal of $40 million in sales for 2018. We are excited about this new season in #realestate & look forward to helping our many clients bring their real estate dreams into reality!!