Real Estate Myth #7: Waiting for Spring to Sell Your Home Will Get You More Money
The old adage that told sellers to wait until the improved spring market
to put their home up for sale is just that – an old saw. And not true today.
Buyers tend to favor the spring and early summer market to move but this time
around, it could be costly for both buyers and sellers.
If you haven’t been following real estate news, yes, I know, it starts
to become blah, blah, blah, after awhile; then you might be unaware of the
shadow inventory. All the experts agree, this 4 million+ housing inventory
of foreclosed and about-to-be foreclosed homes is weighing the market down
right now—and we have 45 more months of inventory to work through.