While spring and summer may be the traditional times to sell a home, fall can still be a great opportunity for homeowners who missed those peak seasons. Though home sales typically dip during the fall months, there are advantages to listing your property now, including reduced competition and motivated buyers. However, it's important to weigh the potential downsides, such as longer sale times and possible lower offers.
In this article from U.S. News, it explores both the benefits and challenges of selling your home in the fall to help you make an informed decision. After reading the article, give me a call with any questions you have or if you have other real estate needs.
Tim Houterloot - Broker/Realtor
317-997-0165 - Cell
indyhomepro@outlook.com
Source: U.S. News | Repost Houterloot 9/24/2024 -
While home sales typically drop in the fall, that doesn't mean you should wait until spring to list your property. Spring is historically the most popular time to list a home, followed by summer. Peak buying season is April through June, with home sales reaching their highest point in June. But if you’re looking to sell and you’ve missed that boat, you may wonder whether listing your home in the fall is a smart move.
The reality is that selling a home during the fall can be a mixed bag. Here are some of the benefits and drawbacks to consider.
Pro #1: There May Be Less Competition
High interest rates are keeping a lot of people from listing their homes. Many homeowners refinanced their mortgages in 2020 or 2021 when interest rates plunged to record lows. Selling right now would mean giving up those competitive rates and swapping them for mortgages with much higher interest rates, which is why a lot of homeowners are opting to stay put.
Read the full article...
