Reasons To Sell Your House Before the New Year

As the year comes to a close, you might be wondering: Should I sell my house now or wait until January?

While it’s tempting to wait until after the holidays, selling before the new year can actually give you a big advantage. Here are three reasons why making your move now makes sense.

1. Get Ahead of Other Sellers

Toward the end of the year, most homeowners hit pause on selling. Between the holidays, travel plans, and busy schedules, many prefer to wait until January.

But that creates an opportunity for you.

With fewer homes on the market right now, your property will face less competition. Listing before everyone else does in the new year means your home will stand out more and attract serious attention.

If you start working with a trusted real estate agent now, you can get your listing ready before other sellers even begin the process.

2. Reach Motivated Buyers

Even though housing inventory has grown compared to last year, it’s still low overall. And while some buyers might wait until after the holidays, many can’t — they need to move now.

These buyers are often relocating for work, facing the end of a lease, or making a lifestyle change. That makes them more motivated and ready to buy quickly.

As Investopedia explains:

“If your house is up for sale in the winter and someone is looking at it, chances are that person is serious and ready to buy.”

When there are fewer homes available, these eager buyers are more likely to focus on yours.

3. Use Your Home Equity To Power Your Next Move

Right now, many homeowners are sitting on record amounts of equity. According to CoreLogic, the average homeowner with a mortgage has about $290,000 in home equity.

That equity can go a long way — it might cover your down payment or even fund your next home purchase entirely.

As you think about selling, remember why you wanted to move in the first place. Maybe you’re looking for a new location, more space for your family, or a home that better fits your lifestyle. Working with a local real estate expert can help you understand your equity and use it to reach those goals.

Bottom Line

Selling your home before the new year can offer real advantages:

  • Less competition

  • Serious, motivated buyers

  • And the chance to use your equity to move forward

If you’re ready to start the process, reach out today. Let’s make your next move happen before winter sets in.

Finding ways to make your credit score better could help you get a lower mortgage rate. When you’re ready to get the process started, let’s connect.

Jeremy Kilbourne

Jeremy is Arch Mortgage North’s Lead Loan Officer. Bringing experience, compassion and creativity to the mortgage lending process, Jeremy loves helping clients achieve their home ownership goals.

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Sell Your House During the Winter Sweet Spot

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