The real estate economy not only differs each year, but also from season to season. There are many misconceptions about listing a property during various seasons. Below is information on listings homes in Grand Rapids Michigan during the holiday season.
Active Home Buyers
Less properties are available during the the holiday season. Buyers still have a need during the first few months of the upcoming year, so the winter months are when they need to complete their home selection. Being one of the few homes for sale may provide you with an advantage.
A past study by Realtor.com discovered that 79% of buyers searching during the holiday season were more motivated. 61% consider less competition for properties to be a plus. Additionally, buyers have additional time to view homes for sale during the holiday season. People that are relocating also commonly use the time off to initiate a property search. It is therefore not uncommon to hear of homes going under agreement around Christmas or Thanksgiving.
Listings Homes In Grand Rapids Michigan During The Holiday Season
If you are not sure about listing your home during the holiday season, consider the opportunities you may be forgoing from buyers who really need to find a property and are seeing homes on the market. Holding off until the new year may result in your real estate getting lost amongst the number of new properties on the market or needing to be listed for less as a result of the competition. Properties go under agreement during every season, but the inventory and demand will change and influence home prices.
This overview of listings homes in Grand Rapids Michigan during the holiday season was published by John Doorn at JH Realty Partners. Contact John at 616-292-7951 or firstname.lastname@example.org for advice on placing a house for sale.