Is it the time to Buy or Sell?

Many folks feel that this is not the time to buy or sell a home in the middle of our significant Minnesota weather. Granted there are some inconveniences involved with tromping through the snow or navigating icy streets and sidewalks but if you are willing to make an effort, there can be some serious advantages. For buyers, they have less competition for the homes because a lot of people are settling in for the holidays. Serious sellers with a strong reason to sell are more nervous at this time of year which may give you a negotiating advantage. For sellers, many other sellers go off the market for the holidays. Again, less competition. Buyers, who are looking at this time of year, are usually very serious. A number of corporations relocate employees in the first few months of the year. If these relocation buyers are looking, they are very serious. On my website, I have included an article about winter sales under the Real Estate News tab. Written by Rismedia, it is written to a Realtor audience, but also has some great perspective on buying and selling this time of year. Thanks for reading.

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David Feerhusen

David Feerhusen

Broker/Realtor, CDPE, GRI, CRB
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