Waiting to Sell Your Home Until After the Holidays

 

Waiting until after the Holidays, Isn’t a Smart Decision | Keeping Current Matters

 

Every year at this time, many homeowners decide to wait until after the holidays to put their home on the market for the first time. Others who already have their home on the market decide to take it off the market until after the holidays. Here are six great reasons not to wait: 1. Relocation buyers are out there. Companies are not concerned with holiday time and if the buyers have kids, they want them to get into school after the holidays. 2. Purchasers that are looking for a home during the holidays are serious buyers and are ready to buy. 3. You can restrict the showings on your home to the times you want it shown. You will remain in control. 4. Homes show better when decorated for the holidays. 5. 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: Supply of Homes | Keeping Current Matters

 

6. The supply of listings increases substantially after the holidays. Also, in many parts of the country, new construction will make a comeback in 2016. This will lessen the demand for your house.

Bottom Line

Waiting until after the holidays to sell your home may cause you to miss a very good selling opportunity!

 

Please call me if you'd like me to walk through your home with suggestions on how to position it in the marketplace for top dollar!

 

Cary Perkins,
Windermere Top Producer
Fun With Real Estate
Current Portland Oregon Real Estate Information,
Highlights of Portland Oregon, House Ideas
Portland Oregon Homes

by Cary Perkins

Portland Real Estate, Portland Oregon Top Producer, Windermere Top Producer, Portland Realtor, Portland Homes for Sale

 

Windermere Top Producer Cary Perkin

Posted on November 5, 2015 at 6:58 pm
Cary Perkins | Category: Current Portland Real Estate Market Information, Portland Oregon Real Estate, Selling your home during the holidays, Windermere Top Producer Cary Perkins | Tagged , , , ,

Should I take my house off the market over the holidays?

Vermont-Autumn

 

This question comes up every year around this time.  Things are slowing down a bit, you're thinking about family and celebrations, and yet you want to get your house sold.

Many sellers feel that the spring is the best time to place their home on the market as buyer demand increases at that time of year. However, the fall and winter have their own advantages. Here are five reasons to sell now.

Only Serious Buyers Are Out

At this time of year, only those 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 shopping on NW 23rd!

There Is Far Less Competition

Housing supply always shrinks dramatically at this time of year. The choices for buyers will be limited. Don't wait until the spring when all the other potential sellers in your market will put their homes up for sale.

The Process Will Be Quicker

One of the biggest challenges of the 2013 housing market has been the length of time it takes from contract to closing. Banks have been inundated with both purchase and refinancing loan requests. Both of these will slow in the winter cutting timelines and the frustration these delays cause both buyers and sellers.

There Will Never Be a Better Time to Move-Up

If you are moving up to a larger, more expensive home, consider doing it now. Prices are projected to appreciate by over 25% from now to 2018. If you are moving to a higher priced home, it will wind-up costing you more in raw dollars (both in down payment and mortgage payment) if you wait. You can also lock-in your 30 year housing expense with historically low interest rates right now. There is no guarantee rates will remain at these levels in years to come.

It's Time to Move On with Your Life

Look at the reason you decided to sell in the first place and decide whether it is worth waiting.  Is money more important than having the freedom to go on with your life the way you planned?  Will taking your house off the market now make this go any easier in the spring?

You already know the answers to the questions we just asked. You have the power to take back control of the situation by pricing your home to guarantee it sells before the end of the year .

 

Portland Oregon Real Estate Information, House Ideas, Portland Oregon Highlights.
Caryperkins.com…  A Windermere Top Producer….Fun With Real Estate

 

by Cary Perkins

Posted on November 19, 2013 at 4:47 pm
Cary Perkins | Category: Current Portland Real Estate Market Information, Moving, Portland Oregon Real Estate, Selling your home during the holidays | Tagged , , , ,

Chirping Smoke Detector

 

You know that annoying chirp when a smoke alarm battery is at the end of its life?  It's not unusual to open up a vacant home and have the tweeting accompany your showing.

 

I think this would make it OK. 

 

Replace your flying saucer shaped smoke detector with this darling bird!  Available at Urban Outfitters for $75.

Posted on November 27, 2012 at 1:44 pm
Cary Perkins | Category: Daily House Idea, Decorating Ideas, Portland Oregon Real Estate, Portland Oregon Realtor, Selling your home during the holidays | Tagged , , ,

Selling your Home during the Holidays?

Selling During The Holidays?

During the holidays, many sellers withdraw their properties from the market and wait until January to re-list. Most often, it’s because of family visits and holiday celebrations. Let's face it – who wants to keep their house clean enough for buyers when you're in the midst of baking, wrapping presents and partying?  However in today’s market, having your home for sale during the winter holidays can give you a real competitive edge.

Serious Buyers. Only really serious buyers are looking for homes during the holidays.  Would you rather be attending holiday events and getting your shopping done, or driving around in the rain and cold looking at homes?  Buyers' dedication and commitment to the home buying process during this time makes them much more serious buyers than the summer tire-kickers. Most buyers start their search on the internet and will spend their holiday break surfing the web looking for homes. With more free time, buyers and their families will spend more time dreaming about what they will do in 2013. Why not have your home prominently featured on the Internet where they can discover it?

Less competition. With fewer listings, there is less competition for those serious buyers.  You'll lose this edge in January as more sellers trickle back into the market, slowly increasing to normal levels by Spring.

Moving up before prices increase.   We've hit the bottom of the housing crisis and are finally rebounding.   Given a 3% annual increase in the market, higher in some areas of Portland, a $250,000 house will gain $7,500 in value, while a $500,000 house will gain $15,000 in value.  Your leverage in buying up to the next level house is much higher in actual dollars.  Additionally, the cost of borrowing money has never been less – your move-up can be locked in at today's low interest rates.

Holiday decorations.  Give me a call to have my professional stager help you with both your holiday decorations and staging your home for sale at the same time. Buyers are emotional during the holidays. You can capitalize on their emotions by using high quality holiday decorations to showcase what your home has to offer, as well as let buyers experience the dream of living in your home.

Higher appraisal values.  Recent strong sales support the rising appraisal values of homes. With the market increase in sales of non-distressed homes, now is the best time to sell. The percentage of bank-owned and foreclosure homes has shrunk, giving appraisers more information on the sale of regular homes as they begin to increase in value for the first time in over five years.

 

 

Posted on October 30, 2012 at 5:05 pm
Cary Perkins | Category: Current Portland Real Estate Market Information, Selling Your home, Selling your home during the holidays | Tagged , , , ,