Many of the clients I work with have the idea that you should wait until spring to sell. After all, the house looks nicer with fresh-cut green lawn, nice flowers and sun outside. Plus, what buyer is going to be out looking for a home on a cold rainy or snowy day in Spokane?
This year home buyers in Spokane are seeing an almost perfect confluence of fair prices, low mortgage rates, a fair amount of inventory to choose from, combined with some incredible government programs designed to stimulate the economy (see my post from December 30th) that end on April 30th.
You say, "Great Josiah, what does that mean to me? Did you forget...I'm SELLING my house?" No, I didn't forget that you're SELLING. What you need to understand is that most home buyers out there are well aware of the great opportunity they have and will be out shopping very soon, if not already. They don't want to miss out on the government programs that are set to end, nor do they want to miss out on the other opportunities.
Let's do the math, it is the beginning of January homes are selling in about 90 days. That means if you put your home on the market today at fair market value it would likely sell by the end of March or early April. If you wait until spring it will likely be too late for the influx of home buyers to take advantage of the great opportunities!
And by the way, let's not forget, normally when you sell you're looking for a new place to buy as well. Why not take advantage of the same opportunities that the buyer of your home will? It's a win-win!
This year home buyers in Spokane are seeing an almost perfect confluence of fair prices, low mortgage rates, a fair amount of inventory to choose from, combined with some incredible government programs designed to stimulate the economy (see my post from December 30th) that end on April 30th.
You say, "Great Josiah, what does that mean to me? Did you forget...I'm SELLING my house?" No, I didn't forget that you're SELLING. What you need to understand is that most home buyers out there are well aware of the great opportunity they have and will be out shopping very soon, if not already. They don't want to miss out on the government programs that are set to end, nor do they want to miss out on the other opportunities.
Let's do the math, it is the beginning of January homes are selling in about 90 days. That means if you put your home on the market today at fair market value it would likely sell by the end of March or early April. If you wait until spring it will likely be too late for the influx of home buyers to take advantage of the great opportunities!
And by the way, let's not forget, normally when you sell you're looking for a new place to buy as well. Why not take advantage of the same opportunities that the buyer of your home will? It's a win-win!
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