Many think of spring as the best season to sell a home, but this is not necessarily the case anymore. Since COVID-19 the housing market has changed in trends. This fall the market conditions and strong buyer demand fueled a perfect season to sell a home.
The cool crisp air, vibrant leaves, pumpkin spice lattes and cozy sweaters are a refreshing change from the hot summer days and nights. Freddie Mac reported the housing market didn’t cool off but remained hot this fall.
Historically low mortgage rates have kept the momentum going in the housing market this fall. The low rates have encouraged homebuyer demand and strong home sales. In fact, the peak for the market has been in the late summer early fall. Many home buyers want to get into a new home and settled before the holiday season begins.
On average the housing inventory during the fall is usually lower. This means a seller will have less competition when it comes to selling their home. The seller can have a bit more legroom when it comes to selling their home on their own terms. These ingredients make for an optimal seller’s market.
As mentioned earlier, when it comes to fall, there are plenty of decorating ideas to use to spruce up your home’s curb appeal. The fall atmosphere itself is breathtaking with the beautiful fall leaves. A seller can decorate with fall foliage and pumpkins making their house feel warm and welcoming to potential buyers.
Fall is a great time to sell but remember maintaining your home’s exterior and interior are still critical to your home’s potential sale. Remember to make sure the falling leaves are raked and cleaned out of the gutter during this thankful season.
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