As we approach the months of November, December and January, the real estate market generally quiets down. Combined with the correction in the market that occured in May and June 2014 where more listings came on the market and leveled the buyer/seller balance, sellers that want to sell this winter need to be careful in their pricing and have the condition of their homes be “move in” ready.
Interest rates remain around 4%, so money is available. Buyers are still looking, so the market is not completely dormant. The spring market traditionally begins the Monday after the Super Bowl, so if you are considering selling, that is the best time to get started. As you wait for march, April and May, more sellers will also be selling so the competiton will grow.
Thanks for a great 2014 and we hope to be able to help you with any real estate needs in 2015.