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Is Winter A Good Time To Sell My Home?
Is Winter A Good Time To Sell My Home?
We have been receiving this question from past clients and potential sellers frequently. We receive it every year around this time but, it seems to be more pronounced this year. With the election finally over and a shift in interest rates those considering selling have an uncertainty on the current conditions of the Northern Virginia real estate market.
 
We can tell you that we are moving homes very quickly right now. We are also working with a lot of buyers actively seeking their next home. They have a sense of urgency because they want to go under contract before interest rates increase again. Homes that show well, are priced according to the market, and that are in a good location are moving quickly – within a matter of days. It’s a common misnomer that winter isn’t a good time to sell and quite frankly it’s just not true.
 

 
The bad news for buyers right now is interest rates have gone up. On November 7 they hit an all-time low of 3.47% but, since then have gone up to over 4%. As a buyer there are two things you should know. Yes, interest rates have ... more

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