When considering whether to place or keep your home on the market during the holidays, there are a few key points help make the right decisions for you.
Do buyers make decisions to actually purchase their new home during the Holidays? The answer is YES.
There are several reasons for this:
- In order to qualify for homestead exemption on your property taxes for the following year, you must actually close on your new home by the last day of December.
- Homes look very festive and cozy with Holiday decorations. It is a fun time to look at property and get to know the neighborhood.
- From a second home, or investment to a primary residence and relocation, buyers are out looking for their new home REGARDLESS of the time of year.
Now may be a great time to BUY
Interest rates are historically low and give the buyer an increase in purchasing power.
There are some tremendous values out there, but make sure you work with a professional REALTOR who will represent your interests in the transaction, guide you through the maze of questions and inspections, contracts and financing options.
If you are interested in selling, don’t wait until after the Holidays to put your home on the market. Do it now and work with an experienced REALTOR to price your home correctly, market effectively and close on your home sale. Good luck with your transaction.
For unmatched real estate services and knowledge, please contact Sarasota’s Waterfront Expert – Debra Pitell-Hauge.