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You are here: Home / Real Estate / Home Buyers Have Your Home on Their Wish List This Holiday Season

Home Buyers Have Your Home on Their Wish List This Holiday Season

November 25, 2020

Your House May Be High on the Buyer Wish List This Holiday Season

Around this time each year, many homeowners decide to wait until after the holidays to sell their houses. Similarly, others who already have their homes on the market remove their listings until the spring. Let’s unpack the top reasons why selling your house now, or keeping it on the market this season, is the best choice you can make. This year, buyers want to purchase homes for the holidays, and your house might be the perfect match.

Here are seven great reasons not to wait to sell your house this holiday season:

1. Buyers are active now. Mortgage rates are historically low, providing motivation for those who are ready to get more for their money over the life of their home loan.

2. Purchasers who look for homes during the holidays are serious ones, and they’re ready to buy.

3. You can restrict the showings in your house to days and times that are most convenient for you, or even select virtual options. You’ll remain in control, especially in today’s sellers’ market.

4. Homes decorated for the holidays appeal to many buyers.

5. Today, there’s minimal competition for you as a seller. There just aren’t enough houses on the market to satisfy buyer demand, meaning sellers are in the driver’s seat. Over the past year, inventory has declined to record lows, making it the opportune time to sell your house (See graph below): Your House May Be High on the Buyer Wish List This Holiday Season 6. The desire to own a home doesn’t stop during the holidays. Buyers who have been searching throughout the fall and have been running into more and more bidding wars are still on the lookout. Your home may be the answer.

7. This season is the sweet spot for sellers, and the number of listings will increase after the holidays. In many parts of the country, more new construction will also be available for sale in 2021, which will lessen the demand for your house next year.

8. Like so much in 2020, this year is not normal. So whatever you think you know about selling a home in the winter may not apply this year. The big obvious one we see is huge buyer demand due to limited inventory. There is no such thing as an “off-season” in real estate this winter. So if you want to sell… now is a great time! The buyers are there.

Bottom Line 

More than ever, this may be the year it makes the most sense to list your house during the holiday season. Let’s connect today to determine if selling now is your best move.

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My Denver real estate blog has loads of useful information for home buyers trying to figure out what they want to do…
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Topic: Real Estate, Selling a Home Tagged With: Winter

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