House Hunting During the Holidays
Yes, it’s true…real estate activity slackens during the holidays but here are some things to consider about housing hunting during the holidays…
- Lower seasonal prices are likely before the anticipated increases in 2014. Many homes on the market during the holidays are being offered because the sellers are being transferred. January is a high workplace transfer month. Transferees are trying to sell their homes during the holidays because they feel they have to.
- Less competition among buyers is common because many are concentrating on holiday activities. If they don’t have to move for some reason they tend to wait until after the year-end holidays. That means fewer competing offers and less likelihood of bidding wars.
- Seller anxiety begins to set in during the holidays. That means potentially better deals can be had. Sellers who need to move get more willing to bargain during the holidays because there is less demand from buyers.
- Less competition from other buyers means you can do your house hunting being a little more relaxed about the potential of losing a house that you really are interested in.
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Take a look at sales figures for Greenville NC real estate market for November 2013.
|
Date |
New Listing |
Pending Sales |
Sold Listings |
Avg Sale Price |
DOM |
|
November 2013 |
109 |
74 |
75 |
$ 156.576 |
146 |
|
November 2012 |
91 |
73 |
72 |
$ 145.706 |
126 |
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Whether you are considering buying a home, selling a home or both, Liz Freeman knows the Greenville, North Carolina area inside and out. Most of her team members were born and raised in Pitt County, NC which has provided them with strong ties to the area, allowing them to become a successful Greenville NC real estate team.
Liz Freeman and her team have distinguished themselves as leaders in the Greenville NC real estate market. Liz assists buyers looking for Greenville NC real estate for sale and aggressively markets Greenville NC homes for sale. Liz is also aCertified Distressed Property Expert (CDPE), avoid foreclosure and short sale expert, committed to helping families in financial hardship find options to foreclosure. For more information you can visit Liz Helps.com. You can reach Liz by filling out her online contact form or give her a call.
Information is provided by the Greenville NC Area Association of Realtors and is deemed accurate by not guaranteed
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