Top 5 Reasons to List Your NJ Home for Sale This Winter

Spring time is widely considered the best time to sell a house. Potential buyers are looking to take advantage of the warmer months for a big move. But if you are looking to sell your home, you don’t necessarily need to wait for the weather to warm up before you enter the real estate market. In New Jersey, selling your home during the colder months has some great advantages. Here are five reasons to sell your home this winter.

  1. Less Competition

With most people putting their homes up for sale in the spring, the market is super crowded with plenty of options. On the other hand, there is typically a low inventory throughout the winter months. One of the best reasons to list your home when temperatures drop is you will have less competition. With fewer homes for sale, there is a better chance your home will not get overlooked by potential buyers. It will be easier for you to grab buyers’ attention and keep it if you sell during the winter.

  1. Growing Families

September is on average the most popular month of the year to have a baby. Any parent knows how quickly a home can “shrink” with the addition of a new baby. This means that growing families are more likely to be looking for a bigger home at the end of the year. These buyers are motivated by running out of space and a time crunch to get moved and settled before the next school year.

  1. Serious Home Buyers

Not every single person who looks at a home for sale is actually looking to buy. Some people start viewing homes while they’re still contemplating whether or not they really want to buy a home. Since homes tend to go on the market in the spring, this is also when real estate window shoppers are the most abundant. On the flip side, those who are viewing houses in the colder months tend to be serious. Buyers who are ready to move don’t want to miss out on a great house by waiting until the spring.

  1. End of Year Financial Payouts

Year-end performance reviews and holiday bonuses mean a potential buyer has more money to work with when buying a home. First time buyers might be waiting for these payouts to go towards a down payment. Homeowners who receive a raise might be looking to upgrade their living situation. Financially flush buyers are more likely to be serious about a real estate purchase.

  1. Corporate Relocation

In New Jersey, the end of January and beginning of February are statistically the most popular time for job relocations. These buyers need to move quickly and are very motivated to find a home close to their new placement. Once these buyers find a home to meet their requirements, they are normally ready to sign on the dotted line. This urgency can be a great advantage for someone selling a house in the winter months.

If you are thinking about selling your home, there is no better time than now! Don’t be intimidated by a supposedly tougher winter market. There are plenty of buyers looking for a new home during the colder months. Veitengruber Law is a full service real estate law firm any time of the year. If you are selling a house this winter, don’t close without the help of our experienced real estate team. We are ready to sit down with you for a free consultation to discuss your real estate goals.

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