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MYTH: Winter isn't a good time to sell my home!

FACT: Winter may very well be THE BEST time to sell your home for many reasons!  

My name is Jon Earl, I am a Realtor with Coldwell Banker Weir Manuel as well as a St. Clair Shores resident.  These are just a few reasons why NOW is possibly the BEST time to put your home on the market.........

1. Fewer homes on the market could potentially mean a higher sale price now than in the spring when EVERYONE wants to sell.

2. Serious buyers: Let's face it, anyone who wants to move in the cold of winter is serious about buying.  

3. January is considered the "Spring" of the real estate market!  The average time it takes a real estate professional to market and sell a home is 3-4 months.(data from the National Association of Realtors) With that being said, putting your home on the market now would mean you will be moving in the spring and get the jump on everyone else waiting until spring to sell!

Why not give yourself every advantage possible to get the most out of probably the largest financial investment you'll make?

Another thing to think about......... Interest rates have been slowly creeping up over the last few months, depending on the purchase price, even a 1% increase in interest over a 30yr loan could mean tens of thousands of dollars more you'll pay.  Historically, when interest rates go up, home prices go down.  

If you've been considering selling in the near future, or you know someone who is, you owe it to yourself (or them) to at least have a conversation.

If I can be of any assistance, please do not hesitate to give me a call.......  586-649-6748

This post is contributed by a community member. The views expressed in this blog are those of the author and do not necessarily reflect those of Patch Media Corporation. Everyone is welcome to submit a post to Patch. If you'd like to post a blog, go here to get started.

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