Sellers Should List Homes Early in 2010. Selling a home in the dead of winter might seem ill-advised, particularly considering the state of the economy, but some experts think that making the decision to wait until spring to list a property could be a mistake.
Government incentives will likely have a big impact in 2010, with many buyers determined to sign a contract before the April 30 tax credit deadline.
"This year, we're anticipating sales will peak earlier," says Nicole Hall, editor in chief of Lendingtree.com, an online mortgage comparison service. "The best time to get your house on the market will be February or early March, and maybe even earlier if you want to avoid competition." Traffic on real estate Websites begin to rise right after the New Year, says Ken Shuman, spokesman for real estate Website Trulia.com. Source: Forbes.com, Francesca Levy (12/24/2009)
So, if you are considering listing your home or property for sale in Southern Oregon in 2010, give Melinda Peterson a call. Melinda specializes in selling residential, rural properties, land, and commercial property, as well as short sales and foreclosure properties.
What do you mean the dead of winter. It's almost spring...
Lucky You Dave, I think we have a ways to go!
Great post with great tips and advice. Thanks for posting and sharing.
I've been advising anybody even thinking about selling this year to do it now, especially before the tax credits run out.
Melinda, I agree with your post and analysis. Market timing can be challenging, but the next 3 months have some pretty convincing indicators.
Steve
Melinda - I think that for this year, January starts our spring market. Even if the weather doesn't agree, the buyer pool is geared to cash in on the homebuyer incentives and they've got a deadline to meet.