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Should I Be Listing My House For Sale in December?

Question from my client Darcie, “Should I be listing my house for sale in December?”

Great question Darcie - Experience shows that December is not the best time to sell a house.
Why?
The reason is that the market is not very focused and the only people that are selling are either desperate sellers that have to sell or unmotivated people that do not care when their house will sell.

To get a good price for your house I would recommend to list in the second half of January. By then, Christmas and New Year’s celebrations are over and everyone is focused and back to business.
However for the same reason, December can be an opportunity for the right person
If you are an investor or a first time buyer, December can be a very good time to find some bargain prices and great mortgage rates. In the past I helped a few of my clients/investors to acquire investment properties in December that appreciated 2-4% in less than 90 days. (Do the math on the $400,000 purchase they made…$8,000-16,000).

In Real Estate as in life, timing is everything. Talk to your Realtor about these issues and if you don’t have one, just comment bellow and I will get back to you with an answer ASAP.

Tibor

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