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Sell Your House Before the Holidays: 3 Facts To Consider

Fall lovers can you believe winter is around the corner and we are just one month and a few days from ending 2022?  Time surely fly and we are feeling  the emotions of many of those that have been living the roller coaster of the real estate market with us, Realtors. Friends, you may be a buyer or a seller and with the new hike on interest rates welcoming November you may have more questions than answers and we are going to help our homeowners in the house!

As you look ahead to the winter season, you’re likely making plans and thinking about what you want to achieve before the year ends. One of those key decision points could be whether or not you want to move this year. If the location or size of your current home no longer meets your needs, finding a house that better suits your lifestyle may be a top priority for you. But with today’s cooling housing market, is it really a good time to sell your house, or should you wait?

Holiday Home Selling Tips | Huntsville Alabama Real Estate Agent | John Wesley Brooks

 

If you’re ready to make your decision, here are three reasons you may want to consider selling before the holidays.

1. Get One Step Ahead of Other Sellers

Typically, in the residential real estate market, homeowners are less likely to list their houses toward the end of the year. That’s because people get busy around the holidays and deprioritize selling their house until the start of the new year when their schedules and social calendars calm down.

Selling now, while other homeowners may hold off until after the holidays, can help your house stand out. Start the process with a real estate professional today so you can get your house on the market and get ahead of your competition.

Our local Huntsville metro area is not the exception to this and as much as we have always told our clients we repeat it today. It is time to make plans, prepare accordingly, let’s do your numbers and see what is the advantage you may have selling now rather than waiting 2023.

2. Get in Front of Serious Buyers This Season

Even though housing supply has increased this year all over the United States as buyer demand has moderated, it’s still low overall. [ This is nation wide not only our North Alabama case ] That means there aren’t enough homes on the market today, especially as the millennial generation reaches their peak homebuying years. As Mark Fleming, Chief Economist at First Americansays:

“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.”

Serious buyers will still be looking this winter and your house may be exactly what they’re searching for. If you work with an agent to list your house now, you’ll be able to get in front of the eager buyers who are hoping to make a move before the year ends.

Has the inventory increased all over our Huntsville Alabama metro area? Yes,  however we now have builders increasing their offers for potential buyers to make the move so the inventory we all were looking for 8 months ago can keep on moving and Buyers can finally own new construction which leaves some of you homeowners with higher competition in our local real estate market.

3. Seize a Great Chance To Move Up

Don’t forget, today’s homeowners have record amounts of equity. According to CoreLogic, the average amount of equity per mortgage holder has climbed to almost $300,000. That’s an all-time high. That means the equity you have in your house right now could cover some, if not all, of a down payment on the home of your dreams.

And as you weigh the reasons to sell before winter, don’t lose sight of why you’re thinking about moving in the first place. Maybe it’s time to buy a house that’s in a better location for you, has the space you and your loved ones have been craving, or simply gives you that sense of home. A trusted real estate advisor can help you determine how much home equity you have and how you can use it to achieve your goal of making a move.

Concluding With This

If you’re thinking about selling your house anywhere in our Rocket City, Huntsville, Madison, Harvest, Athens, and anywhere around our metro area, so you can find a home that better suits your needs, don’t delay your plans.  We can definitely help you as your top local real estate professionals to accomplish your goals before winter.

Remember, The Brooks Family Of Realtors has been serving the North Alabama and Tennessee Valley families since 1972. We can put our legacy and active real estate knowledge to your service. Let’s connect today.

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    John Wesley Brooks

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