As the holiday decorations begin to go up, and the days grow shorter, people everywhere begin to tackle winter “to do” lists. The hustle and bustle of the season includes shopping extravaganzas, cozy parties with friends, and gatherings with family and loved ones. While “visions of sugar plums” dance in many a head this time of year, visions of “For Sale” signs might be a better idea for those considering putting their house on the market! Homeowners often think they should wait until spring to list their house. However, there are many compelling reasons to go ahead and take the leap now.
The Nashville market is hot even if the weather isn’t! The unprecedented growth means there are people relocating and moving here all year long. There are plenty of buyers out there right now.
Not only are there buyers in Nashville right now, in the winter months the inventory is lower. This means the buyers will be competing fiercely for desirable homes that are available. Competition among buyers is great for the seller!
Another consideration is, new building permits are up 7.7% compared to this time last year. So come spring, existing home listings will also have to compete with a flood of new builds. Now is a great time to get a leg-up on those new builds and spring listings.
The time off work makes the holidays a perfect time for potential homebuyers to shop for houses and make decisions. I get a lot of calls to show houses over the holidays! With year-end bonuses in their pockets, many people are in a better financial position to make an offer at the end of the year. Savvy buyers will also look to take advantage of the current low interest rates. Some projections estimate that rates will begin to slowly rise next year.
If you are considering listing your home this winter, I’d love to chat with you about how I can help. It’s the perfect time of year to meet over a cup of hot cocoa!