Wondering if you should sell your house during a Colorado winter?
Now that far fewer homeowners are 'under water', many are getting excited about putting those homes on the market and moving on. But conventional wisdom says the market is too cold in the winter months, and folks should wait until spring.
It's been true in my market, which is the area between Denver and Boulder, that selling a house in the winter means few showings and lower-priced offers.
But so far this year - home sales are staying hot! That's most true for the lower-priced homes, but even in the median range, homes new to the market are seeing multiple showings the first day and quite often receiving an offer within hours, usually multiple offers.
In fact, this was the hottest October market I've seen. I'll soon have completed my monthly market reports to verify that, but if there's much of a drop in the number of homes sold it's just because people are holding off on putting their homes on the market, waiting for spring.
But who knows what changes will come about before spring gets here. For instance, higher interest rates would reduce the number of buyers out there, PLUS would cut in to how much house YOU can buy!
If you've been thinking you'd wait until spring to get out of that house with too many stairs or too few bathrooms, think again!
Call me to talk about price and what you can expect. If you want to wait until after the holidays, this is a great time to talk about what preparations to sell your house you should do now. Don't guess - you may up spending thousands on improvements that won't bring a return.
See all homes for sale, register to receive daily updates, receive notice of price changes at: DreamHouseHunting.com
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I write posts on real estate issues and local events in the Denver metro area, especially those communities between Denver and Boulder, as a public service. My hope is to give people an idea of the ‘flavor’ of our community, in case they’re new or moving to the Denver area.
I am a residential real estate agent, happily helping folks buy a house or sell a house in the beautiful and friendly suburbs northwest of Denver. Read what past clients have said about me.
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Copyright © 2013 Joetta Fort, The DiGiorgio Group