selling a home during the holidays
Each year, homeowners planning to make a move are faced with a decision: sell their house during the holidays or wait. And others who have already listed their homes may think about removing their listings and waiting until the new year to go back on the market.
The truth is many buyers want to purchase a home for the holidays, and your house might be just what they’re looking for. Here are five great reasons you shouldn’t wait to sell your house.
1. While the supply of homes for sale has increased this year, there still aren’t enough homes on the market to keep up with buyer demand. As Nadia Evangelou, Senior Economist & Director of Forecasting at the National Association of Realtors (NAR), explains:
“There’s still this gap between demand and supply because we were underbuilding for many years. . . . So now we see demand is slowing, but it still outpaces supply.”
2. Serious homebuyers are out looking right now. Millennials are driving homebuying demand today, and many are eager to make a purchase. Mark Fleming, Chief Economist at First American, explains:
"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.”
3. The desire to own a home doesn’t stop during the holidays. In fact, homes decorated for the holidays appeal to many buyers. Plus, purchasers who look for homes during the holidays are ready to buy.
4. You can restrict the showings in your house to days and times that are most convenient for you. That can help you minimize disruptions, which is especially important this time of year.
5. Rents have skyrocketed in recent years. And, many buyers are looking to escape rising rents and avoid falling into the rental trap for another year. As an article from Zillow says:
“Over the next 12 months, rents are expected to grow more than inflation, the stock market and home values."
Your home could be their ticket to leaving renting behind for good.
There are still many reasons it makes sense to list your house during the holiday season. Let’s connect to determine if selling now is your best move.
Stay up to date on the latest real estate trends.
Breaking the usual seasonal trend, more homeowners in Westlake Village, Thousand Oaks, and beyond are listing their homes as mortgage rates dip. Here’s what it means f… Read more
Leverage Your Equity and Take Advantage of Lower Mortgage Rates to Make Your Move in Westlake Village, Thousand Oaks, and Beyond
Explore How Market Shifts are Making Homeownership a Smart Choice in Budget-Friendly Cities and Beyond
Frustrated with an expired listing? Discover the key factors that may have held your home back and the strategies to get it sold fast.
More Buyers, Lower Rates: How a Shifting Market Can Benefit You as a Seller
Discover How Homeownership Builds Wealth Through Equity and What Experts Predict for Future Home Prices
Debunking Common Misconceptions About Real Estate Agents to Help You Make the Best Choice for Your Home Sale or Purchase
Downsizing, Moving, or Staying Local: How to Choose the Right Home After Selling
Low Inventory, Climbing Prices, and What Every Seller Needs to Know to Sell Fast in Westlake Village and Thousand Oaks
You’ve got questions and we can’t wait to answer them.