Dear Friends, Fanily & Clients,
Halloween marks the beginning of the traditionally slowest real estate market of the year. The slow season run through the holidays until near the end of January or up to mid-February. This by no means indicates that it is not a good time to sell or buy a home, in fact, this could be the ideal time to be both or either.
Finding a home at this time of year is beneficial to buyers as there is much less competition. A seller may be more willing to compromise than at they might be at peak season. This doesn't mean a buyer will necessarily make a steal but it does mean that the buyer is less likely to overpay due to multiple offers.
A Seller will benefit due to the fact that there are very few lookie-loos out there checking out homes for fun. A much larger percentage of those touring the home are motivated, qualified and serious buyers. This gives the seller an opportunity to sell quickly and at market value.
The person that, in our opinion, benefits most of all at this time of year is the home owner that is going to sell their current home and buy another one simultaneously. These fortunate sellers are able to sell at a good price and purchase their new home prior to the Springtime when prices most often will skyrocket.
Trick or Treats of Real Estate
- Tricked if you make your decision on choosing a Realtor based upon Commission
- Treat if you find a Realtor that knows the local market and only serves your best interest.
Your Friends & Realtor,
Tony & Dani Lewis RE/MAX of Valencia
Call/Text us at 661-510-7975