Winter Holiday Season is the Perfect Time to Sell a House

Santa with Key

Is the Winter Holiday Season a good time to sell a house?  Many sellers feel that the Spring is the best time to place their home on the market for sale.  However, the fall and winter have their advantages.  Here are ten reasons to sell now.

  1. Only Serious Buyers are Out

  2. Time Off

  3. Out of State Buyers

  4. There is Far Less Competition

  5. Holiday Decorations Make a Home Look their Best

  6. Tax Advantages or Tax Breaks

  7. The Process will be Quicker

  8. You can Delay Closing for After the Holidays

  9. There Never will be a Better Time to Move Up

  10. It's Time to Move on with Your Life

Only Serious Buyers are Out

At this time of year, only those purchasers who are serious about buying a home will be in the marketplace.  You and your family will not be bothered and inconvenienced by mere "lookers".  The "lookers" are at the mall or online doing their holiday shopping.

Time Off

Some Buyers find the end of year a convenient time to look for a homes for sale because of the extra time off they get for Holidays and unused vacation time.  Most home search is done online and the extra time off gives them more time to do their online home search.  Then seeing the homes decorated give them a feeling of home.

Out of State Buyers

Wilmington NC Real Estate, Leland NC Real Estate, Hampstead NC Real Estate, Topsail Beach Real Estate, Wrightsville Beach NC Real Estate, Carolina Beach NC Real Estate, and the entire Southeast NC Real Estate is on the hot sheet with out of state buyers.  The secret is out that Homes For Sale in Wilmington NC are in high demand by Out of State Buyers looking to move to our beautiful Coastal area.  The next time you go to the mall, or drive on College Road or Market Street, take a look at all the license plates from New York, New Jersey, Virginia, and yes, even Florida!  Wilmington NC Real Estate is popular with Out of State Buyers.  So when do you think these buyers are looking for a house.  They are looking all year!   "Snow Birds" (those who come here in the winter to look for a home) come here during the Holiday Season to find a home so they can avoid going back to the cold winters up North.  Many of them visit their friends and family during the Holidays and find it's the perfect time to search for their home. 

There is Far Less Competition

Housing supply always shrinks dramatically at this time of the year.  We had a very strong selling season this past Fall so our available homes is significantly more reduced than normal.  That means the choices for buyers will be very limited this Holiday season and in January.  Don't wait until the Spring when all the other potential sellers in your market will put their homes up for sale.

Holiday Decorations Make a Home Look the Best

Emotions play a big part when people choose their next home.  People pay thousands of dollars to stage their home to make it feel and look just right.  Selling a home during the Holidays gives an easy way to play up the warm appealing sense of home.  Don't overdo it but go ahead, put up your Christmas tree, holiday decorations, turn on the fireplace, and let that cookie smell throughout the home appeal to the buyers senses. 

Tax Advantages or Tax Breaks

Some buyers will be racing to find a new home before the end of the year because of the tax advantages that they will receive.  Some may be purchasing investment property and be looking to take advantage of depreciation write offs or maybe needs to complete a 1031 exchange.  

The Process will be Quicker

One of the biggest challenges for some people is the length of time from when it goes under contract to closing.  Banks have been inundated with both purchases and refinancing loan requests.  Both of these will slow in the Winter, cutting timelines and the frustrations these delays cause both buyers and sellers.

You Can Delay Closing for After the Holidays

Stressed Santa

Just because the closing can happen faster doesn't mean you have to.  Having your house under contract with a buyer and the loan complete in advance will give you peace of mind while you wait on the closing date that you prefer.  You could enjoy the Holidays and not even think about packing until the New Year.  Putting your house on the market now gives you the advantage of selling when there is less competition and yet the convenience of choosing your moving date.

There Never will be a Better Time to Move Up

If you are moving up to a larger, more expensive home, consider doing it now.  Prices are projected to appreciate significantly more.  If you are moving to a higher priced home, it will wind-up costing you more in raw dollars (both in down payment and mortgage payment) if you wait.  Plus there's been a lot of talk that interest rates are expected to go up.

It's Time to Move On with your Life

Look at the reason you decided in the first place and decide whether it is worth waiting.  The time has come for you and your family to move on and start living the life you desire.  That is what is truly important.


We're Here to Help!

When choosing an agent be sure to go with an agent who has the expert knowledge of listing and selling property.  The Regina Drury Real Estate Group has that and more.  We are a Full Time crew.  We will provide you with all of our expert knowledge and focus on maintaining a high degree of customer service that will leave a lasting impression.  Contact us today to talk more about your Real Estate needs.

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