5 Reasons You Should Sell Your Sonoma County Home This Fall
5 Reasons You Should Sell Your Sonoma County Home This Fall
Fall is officially here and many homeowners are wondering whether they should sell their home now or wait until spring. Home selling in autumn is a fantastic time of the year to sell a home. Families have returned from summer vacations. Kids have gone back to school. The holidays aren’t upon us yet.
1. Demand Is Strong
The latest from the National Association of Realtors (NAR) shows that buyer demand remains very strong throughout the vast majority of the country.With more homes to choose from, they can afford to be picky, and that could extend their search by months. One great reason to sell your home now and not wait until the spring market is there is sure to be less competition.
2. There Is Less Competition Now
Housing inventory across Sonoma County is still at a low, and this means that there are not enough homes for ready and able buyers. This is good news for homeowners who have gained equity as their home values have increased. There is no doubt that the housing market sees a Spring Market Rush every year, increasing the supply. Simply put, it’s the supply and demand theory. If there are less homes for sale, there are less homes that a potential buyer can choose from, therefore increasing the demand for your home. The choices buyers have will continue to increase. Don’t wait until this other inventory comes to market before you decide to sell.
3. The Process Will Be Quicker
With less transactions happening in the Fall, you are sure to have a quicker transaction. The mortgage lenders have less loans to process, Escrow officers have less files to work on, and home inspectors have fewer inspections to do – expediting your transaction by eliminating the wait time.
4. Serious Buyers
Often, buyers will spend the warmer months looking around to see what’s available. They’ll take their time getting mentally prepared to buy a home—and use the house hunt as an opportunity to see what kind of features and amenities will work best for them. Fall is often the season when they finally decide to make that big purchase. If you list your home September through November, there’s a good chance that it will be seen by a larger number of buyers who are ready to make a decision soon.
Planning to put your home on the market? Let us help you find the right buyer for your house.. Get in touch, and let’s talk about it!
