Why It Makes No Sense to Wait for Spring to Sell
The price of any item (including residential real estate) is determined by the theory of ‘supply and demand.’ If many people are looking to buy an item and the supply of that item is limited, the price of that item increases.
The supply of homes for sale dramatically increases every spring, according to the National Association of Realtors (NAR). As an example, here is what happened to housing inventory at the beginning of 2018:
Putting your home on the market now, rather than waiting for increased competition in the spring, might make a lot of sense.
Bottom Line
Buyers in the market during the winter are truly motivated purchasers and they want to buy now. With limited inventory currently available in most markets, sellers are in a great position to negotiate.
Home Sales Tumble as Inventory Wanes
https://gateless.com/articles/get-listings/home-sales-tumble-as-inventory-wanes?CampaignId=492
October Issue of Enjoy Magazine
October Issue Enjoy Magazine 2017
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For Sale Town Home 339 N 1400 W Midway Utah 84049
Located west of Homestead Drive. Turn west on to Swiss Alpine Rd. Left on 1320 West. Right on 365 North. Nestled in the foothills of midway with scenic views of Heber Valley and the Wasatch back. This spacious home has a large island kitchen, main floor master suite,...
May Issue of Enjoy Magazine
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