1. There is only about a 5 to 10 percent difference between the actual number of homes sold during the months of Spring & Summer vs. Fall and Winter.
2. November, December and January buyers are typically more serious and highly motivated, think about it, who wants to drag around in cold wintery weather, unless they have too.
3. There are still a good percentage of buyers who do not have kids in school, so waiting for school to let out in summer is not a motivation.
4. Homes tend to show better and are warm and more inviting when decorated for the holidays. Buyers will usually stay longer in a warm house as opposed to a cool house in summer months. Plus there is nothing like the smell of fresh baked cookies, pies and warm apple cider.
5. More employers tend to time job transfers around the holidays or winter months.
6. Real estate investors usually want to close contracts by year-end for tax purposes.
7. Lenders tend to be less busy during these months as opposed to the spring and summer months and can process loans faster.
8. There are usually less showings, which makes life a little easier for Sellers to schedule.
9. Traditionally many more homes will come up for sale in the spring and summer, than fall and winter, even in our current inventory saturated market.
10. Current low interest rates are some of the best rates we have ever had, there is no guarantee that rates will stay where they are or rise before Spring/Summer. The rates we have right now make your home more affordable than ever to buyers.
