Whether it’s the time of day, day of the week or even the month you intend on selling, the takeaway of it all is; timing is everything. While the science on the time when you’re bound to make the best sale is still a bit murky, over the years real estate experts have derived some conclusive agreements.
To help you zero in on when you should decide to sell your home, our experts have a few tips for you, so you can strike when the iron is hot. Here’s what they have to say.
List your house on a particular day
Prospective buyers are usually expected to go out on a house hunt on the weekends. Hence, houses put on the market on Thursday tend to be fresh in their minds as well as top priority. However, this tends to vary with each area and is subject to the local market conditions.
Dependent on the market you’re selling in
Seller’s market is the best bet to get the right deals and considering 2019 is one of the prime times for real estate, you’re probably in luck. Because this means there are more potential buyers and the demand for houses is higher. There is also a higher likelihood of attracting multiple offers and selling your house quickly.
Another market to consider is the job market. When there are more local job opportunities and if you observe a sudden spike in new hiring in the area, consider it a good time to sell. This is because there are more individuals looking for housing near their workplace.
Mortgage rates
The lower the mortgage rates, the better the economy. It also means there is more incentive for prospective buyers to purchase homes because it is more cost-effective. First-time buyers are especially more inclined to take up this opportunity.
Also keep an eye out for federally administered tax incentives. Selling your home during these schemes makes it more convenient for people interested in buying a new home.
Seasonal effects on home sales
Here is the role the season plays on your home sale.
Summer
Better weather and school breaks are some factors which contribute to home buyers venturing out in this season. Open houses sound like a better idea and with more sunshine, there is more motivation to be out and about. However, this is also an ideal time to go on vacation for some people so you can expect fewer offers during this time.
Fall
Fall is a great time because not only is there a chill in the air, but also a sense of urgency for interested parties. Most people with children would want to settle in before the new school year starts and also move in before the weather gets too cold. Also, you want to be able to enjoy holiday season in a place which is more familiar to you!
Winter
The kind of winter you expect according to the area you live in, determines house sales. Where the weather gets colder, sales tend to be slower but if you live in a sunny state, you can benefit from winter months as people might be willing to move to warmer climates. However, if you want to sell your house eventually, this season is a good time to make sure your home is ready for it.
Spring
This is the ideal weather for house sales. The weather is nicer for open houses as well as moving and there is a higher chance of you getting tax refunds.
When you choose the right Realty Services Camp Hill, you don’t have to worry about any factors. For the best advice on when and how to sell, you can count on the best real estate agent Camp Hill, PA at Smith Top Team. Contact us for more information.