Nobody buys or sells a home in the winter. Right? Wrong! In fact, if you checked the numbers, you’d find that a good chunk of home purchases are done during the coldest months of the year. Yes, this includes New England, homes are still getting bought and sold despite icy roads and snow-covered roofs.
So, if you’re wondering if you should put off buying or selling a home until spring, why wait? You may be surprised to learn that there are actually advantages to buying or selling while Jack Frost is nipping at your nose.
What are the advantages? You’re about to find out!
Seven Reasons to List in the Winter
1. While there may be less buyers out there, people who look for a home during the winter are serious...they are ready to buy!
2. There are fewer homes for buyers to look at during the winter which means less competition for you...less competition equals more money!
3. In the spring, the supply of listings increases substantially which lowers the demand for your home...more competition equals less money!
4. Employees who are relocating to your area don’t have time to wait. This makes for an uber-motivated buyer – they want to get moving so they can get back to work.
5. It’s a chance to show off your home’s winter assets – cozy fireplace, non-drafty windows, newer insulation, and efficient home heating.
6. Loans can be processed quicker because mortgage companies aren't as busy.
7. You can sell now for more money and not have to physically move until your desired time...as opposed to just starting the whole process in the spring with everyone else.
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