3 Advantages of Selling Your Home During the Holidays
The Tip: Thanks to reduced competition, motivated buyers and a warm and cheery holiday home, you can sell your home faster and for more money during the holiday season.
We all know-or maybe we assume-that spring and summer are the best times to sell a home. And it's true that many buyers do plan their new home purchases during the warmer months. But that doesn't mean all the serious buyers evaporate after Labor Day.
If your home is for sale now, you're actually in a great position to sell your home faster and for more money by taking advantage of the unique characteristics of the holiday selling season.
1. Less Competition
You're not the only homeowner who's considered taking your home off the market during the holidays-most don't want the hassle. And most new sellers will decide to wait until the first of the year or even springtime to put their homes up for sale.
That's great news for you because you won't have to compete with dozens of other homes just like yours to get buyers' attention. Reduced inventory means more buyers checking out your home, either online or in person. Keep their attention by making sure your home is priced to sell and that your home is in "show" condition at all times.
2. Motivated Buyers
Anyone who takes time out of their busy holiday schedule to shop for a new home is serious about buying now. Perhaps they are buying a home for tax reasons or are relocating to start a new job in the new year. Maybe they've been looking for months and just haven't found that perfect home yet.
Whatever their reason, make it easy for these folks to get a good look at your home by staying flexible with your showing times and be open to negotiating contract terms that work with their schedules.
3. Your Home Looks Great
Emotion plays a huge role in which home a buyer purchases, and you can capitalize on that by making your home cozy and cheery during showings. Tasteful decorations and a minimum of clutter will allow buyers to see their own families celebrating the holidays in your home next year.
Make sure your decorations enhance rather than detract from your home's best features, and remember to remove them as soon as the season is over.
Get Your Home Sold With the Advice of a Pro
Experienced real estate agents know that home sales remain steady into the holidays, so if you're looking for professional advice, work with an agent who understands the advantages of selling a home now.
Phoenix Housing Forecast Through Summer 2018: Getting Back to Normal?
June 30, 2017 | By Brandon Cornett | Copyright © HBI
Recent forecasts for the Phoenix housing market, extending into 2018, suggest that home-price appreciation could be slowing down. And this might actually be a good thing, given the tremendous volatility this market has seen over the last 10 years.
Real estate predictions for 2018 suggest that Phoenix could have a relatively normal year, at least where home values are concerned.
A Poster Child of the Housing Collapse
Phoenix, Arizona was one of the hardest hit cities in America during the housing collapse. This is partly the result of housing speculation and overbuilding. Thousands and thousands of homes were constructed during the heyday of the housing boom, many of which ended up vacant. We know the rest of that story.
But this market could finally be normalizing after a prolonged period of boom, bust and recovery. One recent forecast for the Phoenix housing market suggests that home prices will rise at a more modest, but historically average, pace of around 3.5% over the next year.
Home Price Forecast Through Summer 2018
House prices in the city rose by 9.5% over the previous 12 months, according to the company's report. That's much higher than the average annual appreciation for the U.S., going back 30 years or so. Those above-average gains were a response to the tremendous home-price appreciation that occurred after the housing crash.
In short, this market fell a long way after 2008, and then rebounded sharply with above-average annual returns for house values.
But home prices in the Phoenix housing market now appear to be rising more slowly. The economists at Zillow recently forecast that they would rise by a more modest 3.5% between now and the summer of 2018. That's a more sustainable level of appreciation, compared to what we've seen over the last couple of years.
Did You Know?
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Sonoran Arts League
Celebrating 21 Years!
Visit 174 artists at 44 host studios
Held the last two weekends in November
Free Admission, Self-Guided Open Studio Tour
Friday, Saturday, and Sunday
Nov. 17-18-19 and 24-25-26, 2017 10 A.M.-5 P.M.
Ongoing Calendar of Concerts
Phoenix Country Club
2901 N 7th St Phoenix, AZ
November 10, 2017 to November 12, 2017
Official groupings and starting times are posted at the tournament site
Single day $25; Any day $30; Weekly grounds ticket $65
Phoenix International Raceway
7602 S Avondale Blvd Avondale, AZ
November 10, 2017 to November 12, 2017
Check back for event times
See website for ticket prices
Grand Canyon Railway
1201 W. Route 66 Ste. 200 Flagstaff, AZ
November 10 - 12, Nov 16 - 19, Nov 22, Nov 24 - 27
Nov 29 - 4, Dec 6 - 11, Dec 13 - 24, Dec 26 - 30, Jan 4 - 6, 2018
5:30pm and 7:30pm
Starting at: $35/per adult ; $25/per child (ages 2-15)
WestWorld of Scottsdale
16601 N Pima Rd Scottsdale, AZ
November 11, 2017 to November 12, 2017
10:00 AM to 6:00 PM
Starts at $25
North Phoenix Baptist Church
5757 N Central Ave Phoenix, AZ
November 11, 2017
11:00 AM to 1:00 PM
9500 East Vía de Ventura
Thursday nights, 6-10pm | 10/19, 11/16, & 11/30.
Online Pre-sale tickets: $21. Tickets at the Door: $25.
Ages 21+ only. ID required upon entry.
455 N. Galvin Parkway Papago Park Phoenix, AZ
November 22, 2017 to January 14, 2018
5:30 PM to 10:30 PM
With Dinos in the Desert: $21.95 peak pricing; $16.96 non-peak.
Without Dinos in the Desert: $17.95 peak, $12.95 non-peak.
See website for peak and non-peak nights.
SEA LIFE Arizona
5000 S Arizona Mills Cir #145 Ste. 145 Tempe, AZ
December 2, 2017 to December 24, 2017
Recurring weekly on Sunday, Saturday
Tempe Town Lake
Tempe Town Lake
80 W. Rio Salado Pkwy., Tempe, AZ 85281
December 9, 2017