Home for Sale During the Holidays

With the holidays soon to be upon us, the thought of putting a home on the market or buying a home is the furthest from most people’s minds.   However, for those who need to sell or those who need to buy, it is the only thing on their mind.

One of the best times to place a home on the market is during the holidays.  The inventory is low, therefore less competition.  A home looks its best during the holidays. REAL buyers are buying during the holidays.

Look, less inventory.  Most sellers place their homes on the market between February and June to capture the spring/summer market. Therefore, the competition for buyers is much greater.  Resulting in possible lower prices or at least lower offers as the buyers can claim that if not this one, there will be another just as perfect or more perfect around the corner.  Much fewer homes placed on the market during the holidays. With fewer houses on the market, buyers have fewer choices.  Resulting in possible higher prices.

Looking good.  Does not matter what holiday you observe, a home looks the most inviting during the holidays.  It smells festive, it looks festive, it’s just festive.  Why does the home have that feel?  Because it is the good feeling time of the year, that’s why.  And it is the perfect form of staging a home as well.  Can’t have the holiday tree up or menorah glistening during the springtime (It just looks weird).

More than lookers.  Ready, willing and able buyers are out during the holidays.  They have to buy.  Why just be a looker like many are during the spring/summer season.  It is the holidays.  These buyers have either sold their home and now need one, but even more so, many homes sold during the holidays are to those relocating to the area for work. Most companies have completed their budget for the following year and know what they can spend to transfer their employees to their other locations.  By the time the spring/summer market comes around, these transferees have already closed and are enjoying their new homes.

If it is time to sell, think about placing your home on the market now.  Plus to buyers, what a great holiday present – a new home.  (Much nicer than fruit cake.)  Even if the home was to go into contract, in most cases closing would not occur until after the holidays have passed, therefore allowing you to enjoy the last holiday in that home that hopefully has given you many other wonderful memories, before moving on to your next step in life with new memories to make.

Looking to buy or sell, contact The Halpern Real Estate Group at 201.317.7527.   Let their experience be your guide as they are opening doors one home at a time.