Winter Blues

The Winter season is normally the cold period for Real Estate. People are busy enjoying the holidays and traveling with loved ones. The last thing they want to do on a blustery Sunday afternoon, is to go look at property. Most people wait until the Spring to put their house on the market.

However, in the current economic climate and with housing inventory sky high, you may not have the luxury of waiting. As more debilitating economic news filters down, consumer confidence plunges.

While homes that are priced right traditionally sell, motivated sellers are encountering many problems with reaching potential buyers. There are just too many choices. If you wait until the Spring like everyone else, you may find more buyers, but also encounter an increasingly overcrowded inventory.

Interest rates may be higher (or lower), and the market may have moved. The only thing you are guaranteed of, is that your will be paying property taxes and mortgage payments. If you are serious about selling, thoroughly market your home (virtual flyers, syndications, vids, mls) and try to catch the serious buyer now.

Any questions or for FREE customized Market Reports, automatic email updates on properties that fit your criteria, or Realtor Referrals, please EMAIL ME or call me at 734-478-9270. -Anwell Tsai