Reasons Why Selling Your Home This Season Is Actually A Smart Move

Winter is generally not the most popular time of year to sell a house. With fewer buyers looking to move, people would rather spend the holiday season enjoying their time in their own homes. But if you decide to sell your home during the winter, experts say you could reap a reward in cold, hard cash.

Fewer Buyers + Low Inventory = Less Competition for Sellers

Since spring is the most popular home-selling season, most sellers still think they need to sell in the spring, but that means there is more competition for buyers’ attention. During those times, the housing market is ultra crowded and competition is at an all-time high, meaning, buyers have more options to choose from. You have to make your home stand out. During the winter, however, there are fewer homes for sale. That competition over low inventory can make winter an ideal time to sell your home.

Winter Brings Out Serious Buyers

Not everyone looking at houses intends to make a purchase. Looky-loos, however, tend to be scarce in the winter months. Winter home buyers are often, if not always, serious about making a purchase. Especially if the house is great, they don't want to wait until spring and lose a chance.

You Get To Show How Winter-Ready Your Home Is

Winter also allows you to show how your home is winter-ready. You can showcase to buyers how your home can handle the harsh weather conditions during winter, giving them a guarantee that the home they wish to buy is actually worth it. Features such as the fireplace, hot tubs, and showers were appealing and are certain plus points.

More People Have Money To Spend

Year-end bonuses and payouts could mean opportunities for buyers to upgrade their homes or, for first-time home buyers, to be able to afford their first home. Perhaps, one of the most practical and rewarding ways to spend your holiday bonus is to put it into an investment like purchasing a home that has little to no risk and has a high return potential.

Parents May Be Looking to Upgrade

According to the data from the Center for Health Statistics and the Social Security Administration, mid-August to mid-September were the months most babies are born. If you're thinking about how this connects to selling your home, you should've realized by now that these could mean opportunity or need for most parents to upgrade their living situation. This baby boom phenomenon can actually lead to more buyers later in the year.

We're always here to help!
No matter what the season may be, Halsted Hometeam is always at your back to give you professional real estate advice and help you make an informed decision on either buying or selling a home. If you want to know more about the benefits of selling your home this winter, we'll be glad to help. Reach out to us!