Should You List Your Home Now Or Wait Until Spring?


Should You List Your Home Now Or Wait Until Spring?
By Scott Rogers • October 4, 2022
Now or Later? Now! :-) I mean... don't get all panicky about it... but I would definitely recommend listing your home now, rather than waiting until the spring. Oftentimes homeowners who might sell in fall or might sell in the spring decide that they might as well wait until spring. I think this year is or should be different for homeowners who aren't sure whether to sell now or wait until spring. Yes, interest rates are high right now, but inventory levels are still low, homes are selling quickly, and at great prices. By the time we get to spring... [1] Interest rates might have come down some, but they may also be just as high or higher. [2] Inventory levels could quite possibly be higher (more competition) if the market slows over the next six months. [3] Homes may not be selling as quickly. [4] Home prices might be even higher in six months, but they could also have flattened out or declined a touch. I am not predicting a major change in the state of our local housing market... and I am not saying that the sky is falling... and I don't think the local housing market is going to be much worse six months from now... ...but, I think the calculus on whether to sell in the fall or to wait until spring is a bit different this year, and some homeowners that might have normally waited until spring should probably consider listing their homes this fall instead. Just a thought. What are your thoughts? Receive Updates by Email Recent Articles: There Are Plenty Of Types Of Houses That Exist That Just Are Not Available To Purchase Home Sales By Price Range In The City Of Harrisonburg Are You Compromising On Aspects Of Your Next Home That You Can Or Cannot Change Later? How Much Slower Are The Winter Months In Our Local Housing Market? Rockingham County and New Home Sales Drive Surge in Area Housing Market Find The Balance Between Optimistic And Realistic Home Pricing Room Size Is Difficult To Understand Solely From Real Estate Photos How Much Would You Value Not Having To Prepare Your Home For Showings? One Out Of Four Homes Is Taking Longer Than A Month To Sell Consider The Cost Of Your Planned Renovations When Planning Your Offer
Have any questions? Contact Scott Rogers at 540-578-0102 or scott@funkhousergroup.com
Based on information from the Harrisonburg-Rockingham Association of REALTORS® or its MLS, for the period Jan 1, 2000 through Nov 22, 2024 (unless otherwise noted).
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