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Home Purchase Tips & Advice

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Winter Advantages for Home Buying and Home Selling

By Sheryl Landrum
Home Worth Columnist

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If you are considering selling your home but you are concerned that winter is a poor time to do so, think again. Winter might be the best time of the year to market your home and for buying a new home as well.

Here are some of the reasons why real estate shines in the wintertime:
  • There is less competition in the home buying and selling market in the winter as most people wait until spring and summer to list their homes. While there is less activity, home buyers and sellers are generally more serious in making a transaction work.
  • Homes usually show better during the holidays as well as they are "dressed" for the festivities.
  • Did you know that January is the month with the highest corporate transfers? This is another good reason for selling your home in the winter.
  • Realtors generally have less home inventory in the winter months allowing for more advertising for your home than what it would have in the spring and summer months.
  • Realtors generally have fewer clients to manage in the winter which allows more specialized attention to your home buying and selling needs.
If you are considering selling or buying a new home, now might just be the perfect time to do so. Not only are interest rates low, but the housing market might just be at its warmest when it is cold.  So, what are you waiting for? Pick up the phone and call your Realtor today; you might just find yourself dreaming of a white Christmas in a whole new neighborhood.

Source
Broker Agent News

About the Author
Sheryl Landrum is a Senior Loan Officer with First Capital Mortgage of San Diego at the Prudential Realty Office in Bonsall, California.
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