The 5 Benefits of Buying and Selling This Fall

Today, I’d like to share five reasons why you might want to consider buying or selling now instead of waiting until spring. A lot of people have been asking me lately, “Should I sell now, or wait?” Predominantly, people tend to think that spring is the best time of year to sell. However, the fall can sometimes see more transactions than earlier months of the year. Today, I’d like to share five reasons why you might want to consider buying or selling now instead of waiting until spring. 1. Interest rates are low. Right now, you can get a fixed-rate mortgage for as little as 3% or 4%. We don’t know what the interest rates will be next year, so acting now may be your best option. We don’t know exactly what the future market holds, so acting now may be your best option. 2. Inventory is low. In most price ranges, there is at least a 10% to 15% decrease in the amount of inventory available. Sellers listing right now will benefit from the high demand that has been generated from this low supply. Currently, low inventory can be leveraged for better prices. Inventory in spring tends to increase by at least 15% to 20%. Why wait to sell only to face more competition? 3. Buyers are more serious. People who are shopping for homes at this time of year are very committed to doing so. The market’s current buyers are ready, willing, and able. 4. Transferee buyers are on the market now. If you wait until spring, you won’t be able to capture buyers who are transferring for jobs and must find a home before the end of the year. 5. There’s an upswing of prices. Currently, we’re running a cycle of upswings in prices. It is my belief that in a few months, this cycle will end and prices will stop going up. So, selling your home now while prices are still rising is a good idea. If you have any other questions or would like more information, feel free to give me a call or send me an email. I look forward to hearing from you soon.