Selling in a slower winter market
Posted by Tyson Lund on
With North San Diego county feeling the effects of seasonal slowing (i.e less homebuyers buying), many homeowners consider waiting for spring to sell their property. Here is a generalized argument for selling now:
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Less competition from those unwilling to sell during the holidays creates an advantage. Less competition means better chance to sell.
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Low sales in winter set the "comparative sales" used by appraisers and brokers to gauge value. Low foreclosure/short-sale sales will make it difficult for today’s highly cautious appraisers, buyers and brokers to approve higher sale values within a 6 month period. In short, get ahead of the curve.
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Current low interest rates are encouraging to buyers. Rates can fluctuate and change. Higher…
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