The demand is very high right now. Inventory is low and many properties are selling with 50+ offers. By waiting till summer time to sell, you will be competing with other sellers who are alo waiting till kids are out of school before putting their home on the market. Most sellers think that summer is the best time to sell.
Imagine that there are sellers who have to sell for job relocation or some short sales come on the market in the summer and they list their home low for a quick sale when you have your home on the market. That will bring your price lower too, so what I am trying to say is sell when inventory is low and demand is high which is right now.
Help-U-Sell Achievers Realty
fresh flowers, wash the windows, put some extra curb appeal accents if nothing else some planted
flowering flower pots by the front door, and use a good local Realtor who will create wonderful photos
for the brochure and internet and the buyers will come
All given that you price your home RIGHT, market friendly though competitive from the start.
Good luck to you ....
Good Luck to you
Edith YourRealtor4Life & Chicago, North Shore & Northern Illinois Expert
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Investors alike....And always with a SMILE :)
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Supply and Demand:
There is a lot of demand for housing right now and the supply is low. That's good for sellers. So now is a great time to sell. But you might ask yourself "if I want I will make more money" Possibly YES. So maybe waiting is better. Only you know when you are ready. You should sit down with your spouse and discuss your time frame. Then sit down with your Realtor and run the time past them and together come up with a game plan.
The market can (and has before) change quickly.
Then depending on your circumstances....
Do you have to sell?
When do you need to sell?
Are you moving?
Will you sell as a regular sale or as a short sale (as you already know, short sales can take a lot longer to close escrow than a regular sale)
Inventory is low...few sellers, lots of buyers. This is now a Seller's market, so you'd be pretty much in the driver's seat.
How long will this last? Who knows?
I see you are living in San Jose. It depends on which area in San Jose you are living in?
I have represented many buyers and sellers through the years and understand very well what makes buyers buy and sellers sell. The current market is definitely on an up swing. Since mid of last year most cities in the Bay Area have become the sellers market. Reason being very few inventories on the market and interest rate continue getting lower. First time home buyer feels that this is the time to buy their first home and those who owned a home feels that it's time to purchase investment properties, because the rental market is so hot now. This is all from my day to day real experiences in the real estate market.
So to answer your question, if you are in an area with good school district, you will have buyers any time of the year with multiple offers. Provided your asking price are in the range for your area.
First step is to find a realtor of your choice to do a home value report for you, so you can have a good idea what is your current home market price and weigh out the pros and cons and see what is best for you.
Moving before schools start.
The Super Bowl.
A lot of other ACTIVE listings.
A shortage of other ACTIVE listings.
The President announcing a new Program to help Unemployment.
This is really one of those times where the world really does revolve around YOU!
It will depend more on your needs.
You can try to guess the needs of your prospective Buyers; but you never will, until you meet them.