Four Seasons of Real Estate

Everything has a season - including selling your house. Listing at the right moment could give you better opportunities. Many homeowners are unaware that Spring is the best time to put a home in the market. The ideal month to put your home for sale is actually in the month of April - start of Spring season.  If you are planning to sell your home, the time to get on the market is right NOW! Not next week or next month.   More and more properties will be flooding the market in the next few months, so if you haven't listed your property yet, LIST it NOW!! In Real Estate, when the inventory grows, the price drops - this is a basic supply and demand rule.  The best strategy is to list when the inventory is low because buyers are putting offers on what is available in the market.

Furthermore, the military bases are also expecting more active military and their families to be moving to Fort Richardson Army Base and Elmendorf Air Force Base. If you own a property near the bases, you will surely get an offer.

In Freddie Mac's results of its Primary Mortgage Market Survey®, fixed mortgage rates are at new all-time record lows. The 30-year fixed-rate mortgage average at 3.75% while the 15-year FRM is at 2.97%. Buyers are inclined to purchase their homes now, since purchasing a home right now is actually buying a property at a bargain.

If you are an owner of duplex, triplex and fourplex - RIGHT NOW is the time to list your investment property! This will get you TOP DOLLAR in the market as there is a great demand for these kinds of properties because the rental market is climbing. 

If spring is the best season to sell your property, summer is a good season for families to move since it's between school terms and the weather is warm. According to lendingtree.com, 60% of America's move takes place during summer. People have just received their tax refunds, which can be applied as a down payment.  In the past, Sales peak in April and May while they stay strong in the months of June and July. 

With historically low interest rates, high expected demand in single family home and multi-family homes in the current market, do you still need to think about when to put your property in the market?  If you are planning to sell, NOW is the time!!!

In August, the sales go down as people go away on vacation and start planning for the new school year.  Then sales will go up a bit in the fall before dropping again in the winter as buyers and sellers focus on the holidays. But by January, buyers are hunting again and sales will experience a steady increase until the spring season. 

If you are planning to sell and you need help in listing your home.  Please contact me, I'll be happy to help.  For a list of best buy homes in the market, you may visit www.anchoragehomedeals.com.