Typically winter is seen as the worst time of the year to sell your home. Sellers believe the holidays will get in the way, buyers don't like the cold, and open houses can be ruined in a blink by a snowstorm. While the temperatures are continuing to drop this December the local real estate market remains red hot, offering a unique opportunity for homeowners looking to cash in and sell.
This year has been one of multiple offers and over asking bids. Due to the amazing activity earlier in 2013 we're seeing buyers who began looking in the spring still without a new home. These buyers are ready to pounce on a property if they can just find one that meets their needs. The combination of dwindling inventory and eager buyers has created an interesting environment for sellers as there is a large pool of buyers who are ready to buy now and less inventory than any other time of the year. In its simplest terms supply is heading to a yearly low and demand is still very high.
What this scenario creates is an ability for sellers to capture the attention of a larger percentage of active buyers with their new listing and stand out in a way that simply isn't going to be possible in the spring. The buyer pool that is still looking for a new home today has, for the most part, been conditioned to come in strong and fast with offers when they see a home they like and are also more likely to overlook small imperfections.
If you'd like to discuss selling your home before the spring please visit our selling page and we will contact you with a plan to get your home sold for the most money possible and in the fastest time this winter.