Can You Still Buy or Sell Property at the End of the Year?

Is it a good idea to buy or sell during the later months of the year? Let’s find out.

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Many people assume that it’s a bad idea to buy or sell property in the later months of the year, but this isn’t actually the case.

In fact, November 2018 has been our team’s biggest month of the year in terms of total transactions—despite interest rates being at a seven-year high.

There are still plenty of opportunities for buyers and sellers in the fall and winter market. From a seller’s perspective, for example, the limited inventory offers the chance for your listing to shine. 

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November 2018 has been our team’s biggest month of the year in terms of total transactions.

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Also, buyers looking for homes at this time of year tend to be more serious and motivated. Between this and the decreased level of competition, sellers who list in fall or winter have a lot of leverage. 

As for buyers, now is a great time to secure a property before rates rise even more. There are still listings out there.

If you have any other questions, would like more information, or are curious how we can help you achieve your real estate goals, feel free to give us a call or send us an email. We look forward to hearing from you soon.