Area Real Estate News & Market Trends

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Dec. 2, 2019

#1 Reason

The Top #1 Reason to List Your Home in the Winter!

Many people believe spring is the best time to put their homes on the market because buyer demand traditionally increases at that time of year. What they don’t realize is if every homeowner believes the same thing, then that’s when they’ll have the most COMPETITION.

THE #1 REASON IT IS BEST TO LIST YOUR HOME IN THE WINTER IS.........LESS COMPETITION!

Housing supply traditionally shrinks at this time of year, so the choices buyers have will be limited. The chart below was created using the months supply of listings from the National Association of Realtors.The #1 Reason to List Your House in the Winter | MyKCMAs you can see, the ‘sweet spot’ to list your house for the most exposure naturally occurs in the late fall and winter months (November – January). 

Temperatures aren’t the only thing that heats up in the spring – so do listings!The #1 Reason to List Your House in the Winter | MyKCMIn 2018, listings increased from December - May. Don’t wait for these listings and the competition that comes with them to come to the market before you decide to list your house.

Remember.. Serious Buyers Are Out in the Winter

At this time of year, 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.

If you’ve been debating whether or not to sell your house and are curious about market conditions in your area, call me and let’s schedule a time time to meet to determine the best time to list your home.

 

Mark Wiley- 702-527-1188

Posted in Market Updates
Dec. 2, 2019

Best Time To List Your Home

Seven Reasons Why You Should List Your House This Holiday Season

                                        

Every year, around this time, many homeowners decide to wait until after the holidays to list their homes. Similarly, others who already have their homes on the market remove their listings until the spring. Let’s look into the top seven reasons why listing your house now or keeping it on the market this winter may be the best choice you can make.

  1. Many companies are still hiring throughout the holidays, and they need their new employees to start as soon as possible. Relocation is crucial this time of year.
  2. Purchasers who are looking for homes during the holidays are serious buyers and are ready to buy now.
  3. Seller remain in control. You can restrict the showings on your home to days and times that are most convenient for you. 
  4. Homes present better when decorated for the holidays.
  5. Selling during the holidays means minimal competition for you as a seller. Over the past few months we’ve seen the supply of homes for sale decreasing year-over-year, as shown in the graph below:7 Reasons to List Your House This Holiday Season | MyKCM
  6. The desire to own a home doesn’t stop during the holidays. Buyers who were unable to find their dream homes during the busy spring and summer months are still searching, and your home may be the answer.
  7. Late fall and early winter make up the best time for sellers. The supply of listings increases substantially after the holidays. Also, in many parts of the country, new construction will continue to surge and reach new heights in 2020, which will lessen the demand for your house next year.

It might be the best decision to list your home this holiday season. Let’s get together to determine if selling now is your best move. Contact Mark Wiley at 702-527-1188. 

Posted in Market Updates
July 31, 2017

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We can definitely fill you in on details that are not listed on the report and help you determine the best home for you. If you are wondering if now is the time to sell, please try out our INSTANT home value tool. You’ll get an estimate on the value of your property in today’s market. Either way, we hope to hear from you soon as you get to know our neighborhoods and local real estate market better.

Posted in Market Updates