As a seller, you’ve probably been holding off on listing your home during the winter. Winter is notorious for being one of the worst times to sell. This is because most people are busy with the holidays, not to mention that few people want to trudge through the bitter cold in order to look at houses. However, now that Spring is here, now is the time to put your house up for sale. Spring is widely considered the peak selling season. The following are some of the reasons why now is the time to sell you home:
- Better timing for families – Families want the moving process to be as undisruptive as possible, which means that they will begin searching for a new home in the spring with the hopes that they can close once their kids are out of school for summer vacation.
- The days are longer – Clocks spring forward in spring, which means that it will stay lighter out for longer, giving people more time to go house hunting before night falls. This also makes it a lot easier for people to go look at a property after getting out of work as well.
- Your yard will look its best – Spring is the season when everything begins to flourish outside. This means that it’s the time of year where your property will look its absolute best as far as the exterior is concerned. This has a big impact on your curb appeal, which will help to leave a great first impression on buyers. It will also be easier to take flattering pictures of your property during the spring to use for your listing.
- There are more buyers – Because Spring is a sweet spot for many people’s schedules (falling between the stress of the holiday season and the summer, when the children of many families get out of school), there tend to be way more buyers. When there are more buyers, it means that your house is more likely to sell. Not only that, but there’s more likely to be interest from multiple parties, which could lead to a potential bidding war. A bidding war is exactly what you want if you’re a home seller since it could help drive up the price of your property.
- Spring has historically been the best time to sell – The stats support this fact. According to many studies, properties that are listed between the middle of March and the middle of April sell much quicker than properties listed at any other time of the year. Houses sold during this time period tend to sell for more money as well. There’s no better reason to sell your house in the spring than the fact that you’re likely to sell your house quicker and for more money.
- Find a new house quickly – If you’re intent is to sell your current house and buy a new house, then spring is the right time to do it. This is because not only will it be easier to sell your house now, it will also be easier to find a new house once you’ve sold it. Timing it for the spring means that you’ll be more likely to find a new place before temperatures begin to drop again.
Not only is spring the best time to both sell and buy a house, but mortgage rates are still low. Put your house up for sale this Spring so that you can take advantage of these low mortgage rates. To find out how you can pre-qualify for a mortgage, visit us at Tidewater Mortgage Services today.