Buying & Selling

You may have heard many different opinions about the best time to sell your home. Spring? Summer? Fall? The fact is several factors determine when it's a good time to put your home on the market. Mainly, four criteria are pretty solid cues that it may be time to sell: Low Inventory, Changes in the economy, shifting interest rates, Rising Home Prices and warmer weather. While buyers are looking throughout the year, there is a seasonality to our market that generally follows the local school calendar. Spring accepted offers lead to June moves when school is out. Fall accepted offers lead to pre-holiday moves. Spring and Fall are the busiest markets.

Supply of houses for sale and demand for those houses is impacted by both local and nationwide factors. During the height of the housing collapse, buyers had their pick of litter with an overabundance of homes for sale all across the country. It's when inventory is low as we are currently experiencing due to the recent world wide pandemic with historically low interest rates and subsequent interest rate increases that sellers have the advantage. If you are one of only a few people looking to sell in your area, you could find yourself smack dab in the middle of a bidding war!