Every year at this time, many homeowners decide to wait until after the holidays to put their homes on the market for the first time, while others who already have their homes on the market decide to take them off until after the holidays. No where is a lack of Inventory(homes for sale) more apparent than in the south bay beach cities, and North Torrance specifically. I have qualified home buyers that are frustrated by the lack of options available on the market right now.
This is a seller's market. But, with tax reform on the horizon, and interest rate increase expected soon, this market might not last.
Here are seven great reasons not to wait:
Relocation buyers are out there. Many companies are still hiring throughout the holidays and need their employees in their new positions as soon as possible.
Purchasers who are looking for homes during the holidays are serious buyers and are ready to buy now.
You can restrict the showings on your home to the times you want it shown. You will remain in control.
Homes show better when decorated for the holidays.
There is less competition for you as a seller right now. Let’s take a look at listing inventory as compared to the same time last year:
The desire to own a home doesn’t stop when the holidays come. Buyers who were unable to find their dream home during the busy spring and summer months are still searching!
The supply of listings increases substantially after the holidays. Also, in many parts of the country, new construction will continue to surge reaching new heights in 2018, which will lessen the demand for your house.
Bottom Line
Waiting until after the holidays to sell your home probably doesn’t make sense.
Now is a great time to Sell High. Lock in your profits, and protect the equity you have built up. Call me Joe McMahon KW Beach Cities Realty for a FREE home valuation. Your local real Estate expert for North Torrance, Redondo Beach and Manhattan Beach.