You may have heard that home sales are slower in the fall.  Well, this is typically true, and sometimes this can be good.  For instance, if you want to buy and are just beginning to look, the spring market can be overwhelming:  houses selling in just a few days, multiple offers, all of which can pressure you into acting faster or making a higher offer than you’re comfortable with.  The fall market often presents extra good deals for buyers, especially on a house that for one reason or another is “left over” since the summer– perhaps it was initially overpriced, or a previous contract fell through.  Whatever the reason, many sellers are extremely motivated in the fall to sell before winter sets in, especially on vacant houses that they will have to heat throughout the winter. 

Sellers don’t have as many advantagves in a fall market, but houses do sell all year long just the same.  Perhaps the best advantage to fall sellers is that there are fewer competing homes on the market–less competition– although there are less buyers for those competing listings.  While over-pricing a home always results in longer time on market, that is houses rarely sell above fair market value, fall is certianly no time to first reassure oneself that they haven’t under priced their home by testing the waters with an inflated price. To sell your house in the fall, you will need strong marketing, excellent “staging” and proper pricing. 

Interest rates are still holding steady and remain quite low considering the big picture, a huge benefit to both home buyers and home sellers.  Think selling or buying a home now may be the right decision for you?  You can learn about services offered by Great Triangle Homes - The Shuping Advantage Team at Keller Williams Realty for both sellers and buyers at www.GreatTriangleHomes.com.  As team leader and a leading real estate agent in the area, I will offer you honest advice that best fits your situation and help you make the best decision for your circumstances.  Visit my website or call me at 919-951-1945 to obtain answers to your questions about the fall market.