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Should You Take Your Home Off the Market for the Winter?

Every year after we change the clocks and we get the first blast of winter weather I get the same question: Should we take our home off the market for the winter? Home sellers think that if their home hasn’t sold by now they are better off taking it off the market and trying again in the spring. That is also why most people don’t list their home during the winter and why spring is most often the choice when listing your home. My answer to this question is always no! I think winter is the most overlooked season for home sellers and buyers. There are several reasons why I think winter is a good time to buy or sell property. If you are selling your home, inventory is traditionally at it’s lowest during the winter therefore you have much less competition. Since sellers typically try to avoid listing their home in the winter months there are fewer properties on the market and therefore fewer choices for buyers. If you wait until spring, like every other seller, inventory levels are much higher and buyers have many more options making it less likely that you will get an offer. Winter is not the obvious choice for buyers either but people have to move at all times of the year. Death, divorce and job changes happen in the winter months too and buyers sometimes must find a home during the winter. Those buyers are serious buyers, not just tire kickers, so you may not have a lot of showings but typically the ones you have are from people who really need...

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