It is common knowledge that a great number of homes sell during the spring buying season. For that reason, many homeowners hold off putting their homes on the market until then. The question is whether or not that is a good strategy this year.
The other listings that come out in the spring will represent increased competition to any seller. Do a greater number of homes actually come to the market during this season in comparison to the rest of the year? The National Association of Realtors (NAR) recently revealed the months during which most people listed their homes for sale in 2018. This graphic shows the results:
The three months in the second quarter of the year (represented in red) are consistently the most popular months for sellers to list their homes on the market. Last year, the number of homes available for sale in January was 1,520,000.
With the national job situation improving and mortgage interest rates projected to rise later in the year, buyers are not waiting until the spring; they are out looking for homes right now.
If you are looking to sell this year, waiting until the spring to list your home means you will have the greatest competition amongst buyers. Beat the rush of housing inventory that will enter the market and list your home today!
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San Diego Top Realtor, Julie Boyadjian has delivered excellence in real estate since 2007, and is very appreciative of the fact that the greatest percentage of her business is from satisfied repeat clients and those who have been referred by her past customers. Her enthusiasm and high energy are among the many traits that make her a top professional. Julie knows the meaning of hard work, client satisfaction, and time management. Her entrepreneurial skills and work ethic are a beacon to all those who know her. Julie loves San Diego County where she was born and raised. She has real estate knowledge about markets in all areas of the county. It's no surprise that Julie was "Rookie of the Year" when she entered real estate sales, sh e has continued that exemplary performance for the past ten years. Julie has been voted a Neighborhood Favorite in the San Diego Union Tribune Readers Poll year after year. "This profession offers numerous emotional awards." she states, "That feeling that comes from handing a first-time buyer their keys to a home or helping seller get the maximum return possible on their investment make me very happy that I chose to pursue a career in residential sales."
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"Within 5 days of initially meeting with Julie she had professional photos taken, put the house on the market and held an open house. We had an offer come in within the first week but we felt it was low. Julie was amazing at negotiating to get the buyers up ($40K) to a price we were very happy with. We had a 30 day escrow and a very difficult agent who was representing the buyers, Julie took the lead with every hurdle along the way and basically carried the load of the sale on her own. If we didn't have Julie on our side the deal would have fallen through. Julie is very patient, very encouraging while staying realistic with us whether it was selling our home or helping us purchase a new one. I couldn't imagine going though this journey with anyone else. I highly recommend her to anyone looking to sell or buy."
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1 Response
Swartzkvp
You are awesome
Jun.25.2019