With Labor Day behind us, it’s time to start considering the seasonal shift to fall. Seasonal changes impact the market, and fall is no exception, so whether you’re a seller or a buyer, you’ll want to be tuned in.
I’ve found that things begin to slow down after Halloween as buyers start to focus on the holidays. I’ve had buyers who took breaks because they were planning a sojourn to a warmer climate in November – and they are certainly not alone. Many of us travel for the holidays to see family who live outside the area.
Sellers who want to get the best price should get on the ball and put their homes on the market before October, though you don’t need to worry about getting into escrow during the holidays. It’s not the concern about making the sale during the holidays, but rather getting the sale that creates buyer urgency.
Buyers who stay in the market during the holidays can score some good deals. While there will be fewer properties out there, there will be more motivated sellers. There’s a psychological push to get a big transaction like a home sale wrapped up by the end of the year.
And wouldn’t it be nice to get your house in escrow for the holidays?
Dreaming of San Francisco? Cece Blase offers local advice to San Francisco buyers, sellers and owners-- and feeds the dreams of those who wish they could live in Tony Bennett's 'City by the Bay.' Call 415-577-0809 or email email@example.com. www.ceceblase.com