Thursday, February 26, 2015

How Will Our Spring Market Affect Sellers?



Looking to buy or sell a home in Connecticut? Click here to perform a full home search, or if you're thinking of selling your home, click here for a FREE Home Price Evaluation so you know what buyers will pay for your home in today's market. You may also call us at (203) 727-8621 for a FREE home buying or selling consultation to answer any of your real estate questions.

Springtime is nearly here, and so is our busiest selling season of the year. Today I want to talk to you about the spring market here in Connecticut, and what sellers can expect over the next couple of months.

First, you can expect a lot of competition on the market, coming from 2 main sources:

1. People who have listed their home multiple times during the recession, but feel the market has finally turned in their favor.

2. New competition from people who haven't listed their homes before, but are ready to move on.

The second thing we are going to see is a huge influx of buyers, from different places than we have seen in recent years. An increase in relocation buyers is part of it, and in general, people want to take advantage of these extremely low interest rates while they are here. Another demographic we are going to see enter the market in huge numbers is first-time home buyers, taking advantage of new 3% down payment options being offered by Fannie Mae and Freddie Mac.

Buyers are picky, so you need to make sure your home is in tip-top shape before you decide to list. If you list with us, we'll provide you with a professional stager at no extra cost, and they will be able to help you get your home looking great. The idea is to not spend a lot of money, but spend time and give the buyer the impression that you take care of your home. 

If you have any questions, please feel free to give us a call or send us an email anytime. Share this video on Facebook, and we look forward to talking with you soon!