My View of the Market – November 2022

Everyone begins to shy away from buying or selling a home around this time of year. But should they? Here is my advice.

For buyers: The best deals always occur at the end of the year. I believe that will be even more so this year. You may be asking, who wants to sell during Thanksgiving or Christmas? The answer is sellers who are pushed to a deadline for work or retirement or some other life event. Buyers are generally fewer during the holidays as well for the same reason, I mean, who wants to buy and move during the holidays? Sellers know this will lead to more days on the market and thus they will be more willing to accept less money to get a faster sale.

For sellers:  Unless you have a life event that is driving your need to sell (see above), I would advise potential sellers to use this time to prepare their home and list early next year. It’s very likely the spring market will still be the best time to sell. So, come up with a plan now. My team and I can put you and your family on the correct path to get the most for your home in any market.