Should I Sell My Alexandria VA Home In The Fall Or Wait?

Should I Sell My Alexandria VA Home In The Fall Or Wait?

Alexandria VA Homes For Sale - Every year this time, many homeowners consider selling their home, but can't decide whether to list now, or wait until the historic frenzy of the spring market.  The first step in deciding is to find out how much your home is worth.

Finding out the value of your home helps you in two ways?

1. Often, homeowners discover that their home is worth more than they actually thought?  (A pleasant surprise)
2. On the other hand, you may be upside down on your mortgage and need a game plan for doing a short sale.

According to the Northern Virginia real estate market statistics, right now we are experiencing record low inventory and that is combined with record low interest rates.  In some areas, it's actually a sellers market and we are seeing homes fly off the shelves within days and getting multiple offers.

If you purchased your home between 2005 and 2007, it's possible that you owe more on your home than the current market value and may need to do a short sale.  Short sales take time, and many buyers who are entering the Alexandria VA real estate market right now, want to be under contract and closed before the end of the year. 

Timing is everything when it comes to selling your home, and it's been my experience that the 'end-of-year' buyers are often the most motivated because they have strict deadlines for closing.  Whether you're selling in the fall, or if you decide to wait until the springtime, find out the market value of your Alexandria VA home now, and you'll be one step closer to making your decision.

-------------------------------------------------------------------------------------------------------------------------------------------------

________________________________________________________________________________________________________

Buying or Selling Real Estate in Del Ray or Old Town Alexandria VA? Looking for short sales in Alexandria Virginia? Contact Tamara Inzunza, Associate Broker of RE/MAX Gateway to list and sell your home, or purchase a new home. I specialize in real estate homes for sale in the beautiful Alexandria VA communities of Old Town Alexandria, Del Ray, Kingstowne, and Manchester Lakes including condos, townhomes, and single-family homes for sale.

Call me at 703-623-8759.

Be sure to visit my website where you can Search MLS Listings of ALL Homes For Sale in Alexandria VA at www.MovingToNova.com/. If you're thinking about selling and would like to know how much your Alexandria VA home is worth, visit http://www.confidentialcma.com/ for a complimentary market analysis of your home.