Wednesday, September 30, 2015

Why Selling Your North Shore Home in the Fall Can Be a Great Idea

Now that fall is here on the North Shore, many homeowners may find themselves asking whether the chance to sell their home has come and gone. However, the exact opposite is true! Fall can be one of the most opportune times to sell your home on Chicago's North Shore and for a host of reasons.

If you've found yourself asking a similar question this season, consider the following reasons why selling your home now can be a much better idea than waiting until spring:

There is less competition
Homeowners on the North Shore who list their properties now will be met with less competition than in other seasons. For instance, in the spring and summer months, you may find For Sale signs popping up all over the neighborhood. But now, there are a fewer number of homes for sale and as a result, there is a greater chance homebuyers will look at your property.

It's all a matter of supply and demand this fall. The fewer homes there are for sale, the fewer homes a buyer has to choose from and thus, the greater the demand for your North Shore home.

There are serious buyers
Many believe buyers stop their home search in the fall and winter months, but that simply isn't true. Serious homebuyers shop for properties no matter the season! These months are also ideal for seeing what a specific neighborhood in Highland Park, Deerfield, Winnetka, Glencoe and Northbrook is like. Are they decorated for fall? Are there children playing outside? Buyers will take notice when determining if a home is for them.

Mortgage rates are low
Mortgage rates have been on the lower end for the majority of the year and due to this, homebuyers are able to afford more expensive homes. By waiting to sell your home until spring, you run the risk of rates increasing and more buyers exiting the real estate market.

Fall staging
Fall evokes cozy feelings and staging your home this time of year should cater to that. In fact, many sellers believe staging is the main reasons a home sells! Staging your home in the fall with warm colors can help a buyer feel more at home than in the summer months.

There is no need to feel overwhelmed by this task! Simple staging can involve as little as bringing in the colors of the season, giving your home an autumn aroma and opening up the floor plan by moving furniture.

There is no need to wait until spring to sell your home on Chicago's North Shore— the fall season can be equally as beneficial! Do not hesitate to reach out to me today to discuss how to get started!

Janie Bress
Your North Shore Real Estate Expert


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