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Should I Sell My Home Now or Wait Until the Spring

Oct 30, 2023 | Real Estate

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Have you been thinking about listing your house or condo for sale? As you are likely aware, the seasons play a role in our local real estate market and how busy it is. Nicer weather brings out the most in any real estate market, with buyers spending their evenings and weekends touring open houses and finalizing short lists. Many markets cool off a bit in the winter, but that does not mean that the buyers disappear.

In today’s blog post we will explore why selling your home during the winter can beat waiting for the real estate market to warm up in the spring.

Interest Rates Are On The Way Up

One key consideration this year is that interest rates are trending upward. While it is impossible to predict the movements that the Federal Reserve will make, there is every sign that rates will tick upward soon. Mortgage interest rates tend to rise along with the Federal Reserve’s upward movements, so selling now means selling while mortgages are a bit cheaper.

There Is Less Competition In The Market

Another great feature of listing your home for sale during the winter is that you are likely to face less competition from other home sellers. Fewer homes in the local inventory mean fewer options for buyers that need to close on a home quickly. If your house is clean, in top condition and adequately staged, you can rest assured that it will stand out from the other available options.

It is true that there may be fewer potential buyers shopping for a new home during the winter. However, you will tend to find that winter buyers are serious about finding and purchasing a home. They are much less likely to be ‘window shopping’ or passing through viewing open houses.

Holiday Staging Is That Much More Fun

Finally, it is worth mentioning that staging can be a lot more fun during the holidays. Selling your home in the summer means trimming the lawn, keeping the garden looking clean and maintaining your curb appeal. Selling your home over the holidays means Christmas lights, decorations, baked goods and a more festive atmosphere.

Selling your home in the winter might seem a bit counterintuitive, but with the market easing up and less inventory available you will find serious, interested buyers. If you are considering selling your home, be sure to contact us at (877) 360-5650 or email us at steve@cashofferonhouse.co so we can provide you with a Fair Cash Offer on your {Business Area} house.

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Recent Testimonial

  • Mark and Michelle D

    When we got married we thought we would keep my old house and rent it out. Seemed like a good idea at the time-a little extra money coming in and the house would eventually get paid off… Wrong! The tenants messed the place up, called for us to make repairs all the time (things that we know they broke), were late on rent, skipped out on the lease, we’d have to clean it up and wait for someone new to rent it to (while making the mortgage payments)-we were sick of it! Luckily Steve and Kim from CashOfferOnHouse.co provide a great service. We didn’t have time to take care of cleaning it up to sell and finding a realtor that does what they say they will do (we have had issues with realtors not performing in the past-but that’s another story), but Steve and Kim had no problem taking it in what was its current condition. They gave us a fair cash offer and closed really fast. All-in-all they really got us out a situation we were tired of dealing with. Can’t recommend them enough!

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    My situation is a little embarrassing to admit, but Steve and Kim from CashOfferOnHouse.co really helped me out of a rough spot, so I wanted to return the favor and give them a good review. I had a hard time that I went through-I lost my job and couldn’t keep up with my bills. I found myself in a place I never thought I would be-facing foreclosure. I was at a loss on what to do. I tried to sell before the bank started to foreclose and take it but it wouldn’t sell because it needed a few repairs that I didn’t have the money to make. No buyers were interested… I couldn’t pay the mortgage so the bank was threatening to take it. I knew I didn’t want a foreclosure on my record-I would never be able to buy a house again! I was up late at night searching the web for a solution and found their website. They were so helpful and understanding of my situation. I thank God they were there to save from financial ruin. They were able to get me out from under my problem, closed fast and made it so easy. The burden was lifted and now I am getting my life back on track-thank you so much!

  • Stephanie J

    When my ex and I split, we had to settle up on the house. We both wanted a clean split and didn’t want the long term problem of marketing a house for sale and neither of us could afford to buy each other out. There would just be too many decisions to make together and we wanted to start fresh and not be bogged down by the past. Thoughts of dealing with him to decide on sale price, do we make repairs or not-who pays, do we accept the buyer’s offer price, etc, etc??? So I was lucky enough to come across Steve and Kim from CashOfferOnHouse.co—boy what a relief it was! They handled everything and made it a worry free transaction! I didn’t have to deal with my ex at all! Steve and Kim did all the communicating and were very professional and courteous to work with. I don’t ever plan to be in this position again, but I would definitely use them if I need to sell a house quickly!!