Although spring is traditionally one of the strongest seasons of the year for real estate sales, earlier 2009 could be a very good time to sell your home or other real estate. November, December and January, normally slow months for real estate sales, showed atypically high activity during the most recent 3-month period with many regions of the country showing unprecedented sales figures. There is every reason to believe that this trend will carry forward into February and March.
Relatively low interest rates are keeping the market very strong for sellers. There continue to be more buyers looking to purchase than owners wanting to sell.
If you wait until spring, there will almost certainly be more competition from other sellers, as your neighbors with similar properties will be more likely to put them on the market.
If you do decide to sell now, it’s important to put in the effort to get your property ready. Your real estate agent can supply you with a list of tips and other information that will help you prepare your property for a quick sale at top dollar. Your agent can also conduct a competitive market analysis of your property and give you an estimate of its fair market value.
