http://hallerman.cbvegas.com/blog/archive_202410/sort_entrydatetime-desc/ As the new year approaches, many homeowners believe waiting until January is the best time to list their homes. However, over 20 years of real estate market data from Coldwell Banker Premier Realty tell a different story. If you’re considering selling your home, the holiday season could actually be the most profitable time to make a move.?The Numbers Speak for Themselves: 25%greater chance of selling your home during the holidays than any other time of the year. 47%more homes are listed in January than in December, increasing competition for sellers.This seasonal trend reveals that December is not just about holiday cheer — it’s also about serious buyers and fewer competing listings, offering sellers a significant advantage.??More Reasons to Sell Your Home This Holiday SeasonRight now, you have the chance to get ahead of the crowd. Today’s market is a buyer’s sweet spot for a few reasons: December buyers are serious and there are fewer buyers in January.Snowbirds begin to buy to avoid the harsh winter in their areas.There are many out of area visitors / buyers in town enjoying our mild winter.List and sell your home during the holidays to close escrow and move in January.Many corporations relocate employees prior to the New Year.Lenders are able to process loans faster.Curious about the full picture? Download our full comprehensive report to discover all the reasons the holiday season is the perfect time to sell your home.???If you’re ready to make the most of this holiday market, I’m here to help. We know the end of the year is a crucial time for real estate. Don’t wait until January — contact your Coldwell Banker Premier Realty agent today for a personalized market strategy and download our full report for more detailed insights. ?Our Premier Service Companies?Source: LVR Multiple Listing Service. ©2024 Coldwell Banker Premier Realty. All rights reserved. Coldwell Banker Premier Realty upholds the principles of the Fair Housing Act and the Equal Opportunity Act. If your home is listed with another REALTOR®, please disregard. It is not our intention to solicit the offerings of other brokers. http://hallerman.cbvegas.com/blog/21315/holidays-are-no-holidays-in-real-estate/ Mon, 28 Oct 2024 08:26:10 -0800  96 sup, sub { font-size: 100% !important; } sup { mso-text-raise:10% } sub { mso-text-raise:-10% } Take advantage of the opportunities in today’s market along with down payment assistance and rate buydownsAfter months of holding off due to high mortgage rates and affordability concerns, homebuyers are finally seeing opportunities emerge. With mortgage rates trending downward, today’s market presents a fantastic opportunity for buyers—but it may not last long. If you have been waiting on the sidelines, now could be the right time to reconsider your plans. Why? Not only are rates improving, but there are also additional incentives available that can make homeownership more affordable. Builders are offering incentives towards mortgage rate buy-downs or toward closing costs, and there are even programs providing down payment assistance. These benefits are helping to give buyers an edge in today’s market. ?What’s Driving This Sweet Spot?As rates continue to ease, more buyers will naturally be drawn back into the market. A recent survey from Bankrate found that over half of homeowners would be motivated to buy if rates dip below 6%. With rates already in the low 6% range, we are approaching that critical threshold, causing the competition for homes to quickly intensify.  This increase in demand could raise home prices, potentially outweighing the benefits of slightly lower rates. So, while waiting may seem like a good idea, rising prices could erase any savings you might gain from further rate drops. ?What Does This Mean for You??Right now, you have the chance to get ahead of the crowd. Today’s market is a buyer’s sweet spot for a few reasons: ?Fewer Active Buyers: Many potential buyers are still holding off, meaning less competition for you. Improved Affordability: Easing mortgage rates have already made homeownership more accessible. More Options: Inventory is still tight but higher than in recent years, giving you more choices when looking for the perfect home. ?These factors mean you can find the right home before competition heats up again.?How Builders Are Helping You Buy Now?In the meantime, builders are still stepping up to make purchasing even more attractive. Many are offering temporary buy-down programs, which allow you to lock in a lower mortgage rate for the first few years of your loan. Others are providing generous incentives that go toward covering your closing costs as well as rebates and cash back offers. These perks can significantly reduce your upfront expenses, making homeownership within reach for many buyers. Plus, down payment assistance programs are available to help first-time buyers. These programs can lower the amount you need to save upfront, making it easier for you to take that first step toward homeownership. ?Why Waiting Could Cost You?While it is tempting to wait for even better conditions, timing the market is impossible. The longer you wait, the higher the risk that prices will rise, and incentives like builder buy-downs or closing cost contributions could go away. Instead of waiting for the perfect moment, consider taking advantage of the favorable conditions and incentives available now. ?You do not have to wait until competition drives prices higher or mortgage rates drop further. With builders offering incentives, improved affordability, and more homes to choose from, today’s market is giving you the perfect opportunity to buy. Please feel free to reach out, as your trusted real estate advisor, I am here to help you explore your options and take advantage of these incentives available now. Our Premier Service Companies? ©2024 Coldwell Banker Premier Realty. All rights reserved. Coldwell Banker Premier Realty upholds the principles of the Fair Housing Act and the Equal Opportunity Act. If your home is listed with another REALTOR®, please disregard. It is not our intention to solicit the offerings of other brokers. http://hallerman.cbvegas.com/blog/21314/why-today's-market-is-perfect-for-buyers-looking-for-the-best-deal/ Thu, 10 Oct 2024 04:02:55 -0800