Top 5 Reasons to put your Buffalo Grove Real Estate on the market this fall rather than wait to the spring market
- The first and foremost reason is that the Buffalo Grove seller who lists his home now will most likely net more money in his pocket. If your Buffalo Grove Realtor prices and markets your home correctly, it can sell within a few days.. at a price that would be at least comparable to a spring sale. The Buffalo Grove home I recently put on the market went under contract withiin a week and closed a month later at a record price.
Additionally,Buffalo Grove homes that sell now may appraise higher in the winter than next spring. Appraisers look at recent comparables.. this fall and winter the appraiser will be looking at summer comparables but if we wait to the spring, the appraiser will look at winter comparables.
Additionally,Buffalo Grove homes that sell now may appraise higher in the winter than next spring. Appraisers look at recent comparables.. this fall and winter the appraiser will be looking at summer comparables but if we wait to the spring, the appraiser will look at winter comparables.
- There are very serious buyers looking for Buffalo Grove homes at this time who do not want to waste anyone’s time. That’s for sure. In cities with seasons that change, buyers will only trek through bad weather if they are seriously looking for a home. Nothing is worse than looking for homes in snowy wintery days where driveways are not plowed. I’ve been there done that!
- Inventory is at its lowest point in Buffalo Grove in many years ! See the chart below which indicates that Buffalo Grove homes for sale is at its lowest point in many years . I learned in my economics 101 class… low inventory= higher prices. Ok its not as simple as that, but its one factor! Additionally, average time on the market in September was 87 days in Buffalo Grove versus over 100 days in April
- Interest rates are low… for both your potential buyers and for the seller on his repurchase. You never know what the future brings…
- You can move on with your life, whether you are upsizing or downsizing. Sometimes you have to just let go! If you are moving to a warm climate, just think about how long the winter may be! Additionally, if you are selling your home now versus later, you will be liable for less real estate, association costs and other costs.
If you are looking to buy or sell in the Buffalo Grove area please visit my websites, www.buffalogrovehomes.com, www.buffalogroveareahomes.com, and www.allchicagohomes.com
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