Selling your home in the winter may seem counter-intuitive, but we've got a few reasons why it might just make sense to list your home this January.
Reason #5: Low Interest Rates
The Denver Metro Area has had steady buyer demand all year, in large part due to low interest rates that are keeping affordability high despite rising home prices. This persistentdemand for housing stock drives prices up while low rates allowbuyers to spend more, increasing the pool of buyers that qualify to purchase your home.
Reason #4: Less competition
Listings are currently at all time lows for this time of year. Many homeowners are reluctant to list their home for sale in the winter, which could be their loss and your gain. More buyers and less listings means the odds of selling have never been higher and your home will stand out and attract considerble interest from hungry home seekers.
Reason #3: Shorter Days
With the sun retiring early in the winter months, many buyers will try to do their showings earlier in the day or on weekendsto see the home in the daylight, which means less disruptions in the evening while you're enjoying dinner, helping kids with homework,or relaxing.
Reason #2: Motivated Buyers
Buyers who brave the cold and trudge through the snow to view homes are more serious about making a purchase than the fair weather looky-loos that come out of the woodwork in the spring and summer. Many winter buyers are timing their leases, trying to find a replacement home before listing their own home for sale, or relocating at the start of the new year. The more serious the buyer, the more solid the transaction, which translates toless headache for you.
Reason #1: Buyers hitting the market earlier in the year
In an article titled œCould January be the new April for Home Shopping, Realtor.com highlights the growing trend for buyers to begin their home search earlier and earlier each year since 2015. Take advantage of this early bump in buyer activity by listing your home this January.
Homes do sell in January and yours can too! Eager, qualified, motivated buyers are waiting to make your home their own.
Recommended Reading
How to Help Victims of the Marshall Fire
Socials