Reasons To Sell Your House Before the New Year

As the year draws to a close, you might be contemplating a significant step in your life – putting your house on the market in Calgary. But the big question looms: should you sell now or hold off until January? While the allure of waiting until after the holidays may be strong, there are compelling reasons to consider making your move before the new year, especially with the guidance of the best Calgary Realtor, Peter Eki.

1. Stay Ahead of the Game In the world of Calgary real estate, homeowners tend to be less inclined to list their properties as the year comes to an end. The holiday season can bring a flurry of activities and obligations, causing many to postpone the idea of selling their homes until the fresh start of the new year when life settles down. However, this presents you with a golden opportunity to get ahead of the game.

By choosing to sell your property now, while others may be delaying their plans, you can gain a significant advantage. Start the process by teaming up with a Calgary realtor and ensure your house hits the market before your neighbors even contemplate doing so.

1. Attract Eager Buyers Though the supply of homes for sale in Calgary has seen some growth compared to the previous year, it remains relatively low. This scarcity means there are not enough homes on the market to satisfy the demand. While some potential buyers might postpone their moving plans until January, others have pressing reasons to make a move due to personal circumstances or life changes.

These motivated buyers will remain active throughout the year, eager to find a new place to call home. However, they may encounter a challenge - a shortage of available inventory that meets their needs. As noted in a recent Investopedia article, selling your house in winter often attracts serious buyers: "If your house is up for sale in the winter and someone is looking at it, chances are that person is serious and ready to buy. Anyone shopping for a new home between Thanksgiving and New Year’s is likely going to be a serious buyer. Putting your home on the market at this time of year and attracting a serious buyer can often result in a quicker sale."

1. Utilize Your Home Equity for a Smooth Transition It's worth noting that homeowners in Calgary currently possess record amounts of equity in their properties. According to CoreLogic, the average equity per mortgage holder has surged to nearly $290,000. This means that the equity you've built in your home can potentially cover a significant portion, if not all, of the down payment for your dream home.

While contemplating the advantages of selling before the year's end, it's essential to recollect the reasons that initially ignited your desire to move. Perhaps it's time for a new residence in a more suitable location, one that offers the ideal space for you and your loved ones, or maybe your needs have evolved. A local real estate expert like Peter Eki can assist you in evaluating your home equity and how to leverage it effectively to facilitate your transition.

In Conclusion, Selling your home in Calgary before the new year offers distinctive advantages. With less competition, motivated buyers, and the potential to harness your equity gains, the stars align in your favor. Reach out to Peter Eki, the best Calgary Realtor, to help you achieve your goals and make your move before winter takes hold. Don't miss out on this golden opportunity in the Calgary real estate market.