Let’s talk about buying and selling during the fourth quarter. Several people are asking if they should try to buy or sell now, or wait to see what happens in the spring. Here’s my advice.
We know there is a high volume of transactions during the spring and summer. However, sellers are also motivated to sell during the fourth quarter. Likewise, there are fewer homes to compete with in the winter market compared to warmer months.
Luckily, buyers are highly motivated to purchase during the fourth quarter. Motivated buyers and sellers, combined, means easier negotiations for successful transactions.
Additionally, buyers benefit from less competition. There are fewer people looking for homes this time of year, so there will be fewer multiple offer situations compared to the spring and summer.
Finally, sellers benefit in the fourth quarter because homes are decorated for the holidays. As a result your home will feel more warm and inviting. Decorations create an appealing atmosphere to buyers.
Furthermore, the fourth quarter is a great time to buy or sell. It’s an excellent, timely market to take advantage of. If you have any questions for me, give me a call or send me an email. I look forward to hearing from you!