HOME SELLERS WAITING TO LIST TILL SPRING WILL BE MISTAKE
JANUARY 4, 2010
by: Christine Moscinski, Broker Associate and "House Hunter" at GOBBER GMAC Real Estate
Wow, it feels so weird to write "2010" I was ok with 2009, but now 2010...
Anyway, I have been asked and asked again "when is the best time to list my home for sale"?
Years ago it may have been after Super Bowl or February - March when things just begin to thaw.
But the trend in today's market is "if you wait, you lose". I tell my clients to list their home in middle of winter. Why? Because all the old school thought of listing will be in spring! So to get a leg up on the competition, you have to list your home now when competition is at the lowest.
The influx of REO and foreclosed homes are still going to be a part of this market for a while and as they come online to the MLS, your are sure to bet - they will be the first to go.
The April 30, 2010 deadline is fast approaching and serious buyers know this. They are hunched over their computers diligently watching the market and are very educated about how much homes are going for and want to get the beast deals.
They are out there and hunting at this very moment. I know because I am working with 3 right now!
Don't wait to list your home, do it today.
Come spring, there will be fierce competition.
MARKET TREND BROOKFIELD ILLINOIS: 2/BR 1/BA Home Average Time on Market 165 days - Average Sale Price $234,900
Christine Moscinski is a Broker Associate and local market expert and member of the "House Hunters Team" at Gobber GMAC Real Estate specializing in market reviews of popular Chicago neighborhoods, Chicago's South Loop and Western Suburbs including: Brookfield, La Grange, La Grange Park, Westchester, Berwyn, Downers Grove, Darien, Elmhurst and more!
Call her today - you'll be glad you did (708)369-8094
More information can be found on her website at http://www.eHouseHuntOnline.com