When it’s chilly out, one would probably rather sit by the fire than go to open houses or have to leave your home for showings. One may even think the effort isn’t worth it because winter’s a bad time to buy & sell. There are pros and cons to house hunting and selling in any season. Here are some reasons that home buyers shouldn’t be quick to pause their searches and home sellers shouldn’t think it’s time to take a break when the snow starts to fall: Compared to the busier spring and summer seasons, there are positives for both buyers and sellers to entertain the winter months. For home buyers, you will face less competition shopping with buyers that are serious and not just window shopping. This will make for a less competitive and serious climate to buying a home. Home buyers should also consider that rates will likely rise again sometime in the next six months, and keep this in mind when they are mapping out their timeline. For sellers, the winter months are about quality, not quantity. It’s a great time to sell, as the buyers that are out are serious, and you will experience less upheaval of your home with showings, but the quality and serious buyers that would be Christmas shopping if they weren’t seriously considering buying your home. There is also less inventory, as only serious sellers will embark on the winter market, therefore less inventory will make for a less competitive environment for you to showcase your home in. With looming rate increases, buyers are out right now so stay the course! No season is the exact perfect time to find a home or sell a home. There may be more homes on the market during spring and summer, but buyers & sellers face extra competition.
Why not try our some of our quick proven steps to help you get your home “buyer-ready” this winter:
Curb Appeal – The exterior beauty of your home shouldn’t fade with the onset of the cooler weather. Curb appeal is always a crucial aspect of attracting buyers, even during the winter. Keep trees and shrubs neatly trimmed and remove all leaves and debris. Always keep your driveway and walkways cleared of snow and ice.