Why Is the Fall a Better Time to Sell Than You Might Think?
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Fall is in full swing here in Grand Rapids, and many people are wondering whether selling now is a good idea. There is a lot of speculation about when the best time to sell is, so we thought we would share our opinion on the matter.
Many people believe that the fall is not a good time to sell. There is an entire subset of potential sellers who are waiting to list their home because they feel it is not the right time. There is another set of sellers who have had their homes on the market for a long time and are getting ready to take it off because they are exhausted. Most of these sellers are deciding not to sell at this time because they think there is a lack of buyers looking for homes.
The real estate market does not stop because it's a new month.
Inventory is already low as we head into the next 90 days, and that number will continue to decrease. Of course, as a seller, this is great news, as demand will rise as inventory continues to fall. If your home is the only option in an area a buyer wants to purchase in, you benefit by the general lack of competition. The bottom line is, if you are ready to sell, there is simply no reason to wait!
If you have questions about selling in the fall months, or if you have real estate questions of any kind, please don’t hesitate to reach out to us. We would love to hear from you.