Princeton Town Topics – Let’s Talk Real Estate – December 17, 2008
HOMES FOR THE HOLIDAYS
Many people hesitate to place their home on the market during the holiday season, thinking prospective buyers are too busy with holiday activities to bother with looking at homes they might purchase. However, historical data shows the holiday period to be a very good time to find a buyer.
People often have more time available during the holidays to inspect homes and make a purchase. Also, with a certain number of owners holding off with listing their homes for sale until after the holidays, the competition with other similar properties on the market is minimal. Considering all factors, the holiday period is a particularly strategic time to offer a home for sale. During this time, prospective buyers tend to be more serious in finding and purchasing a home.
From a buyer’s perspective, this is a great time to seek out a home. There is more free time to research the market and inspect selected homes. It is a particularly good time for a family to discuss what they are looking for in their new home and actively pursue their plans.
