If you’re looking to sell your home, don’t be afraid of jumping into the holiday season. While many people put their homes on the market in the spring and summer, this time of year can, in fact, be a great time to sell a home.
Chances are you’ll likely find fewer sellers out there, which gives your home a better chance at standing out. In other words, that’s less competition to worry about when it comes to getting potential buyers into your home fast.
People Are Already Online Shopping
Often overlooked is the fact that many potential home buyers are likely already online shopping this time of year anyway. And chances are they'll at least do a quick search here and there just to see what's on the market.
Buyers Looking For Year-End Tax Breaks
Another great thing about the holiday season is that you may be able to get in on the receiving end of tax breaks. Homebuyers this time of year are sometimes lured in by the promise of tax benefits, but only if they purchase before the clock strikes 2019. So, why not try to capitalize on buyers who are looking to purchase quickly?
Mortgage Rates Are Expected To Increase in 2019
If you haven't already heard, mortgage rates are projetced to keep climbing in 2019, which should prompt some soon-to-be-buyers to buy even earlier. And believe it or not, some economists see rates even reaching 5.8%—a level not seen since the beginning of the recession.