Pensacola's Real Estate Blog: Should I sell in '12?

Thursday, January 5, 2012

Should I sell in '12?

SOLD

Cutting through the fat in 2012! Ok, you're on the fence...should I sell in 2012, or wait it out because of doubt? If you have to sell, then there is no better time than today, but let's just say you are thinking you could wait 'til the later part of the year, or maybe next year, to sell...so what should you do?   We need to look at your goals for selling. "Wait," you may say, "what do my personal goals have to do with selling our home"?   If your goal, let's just say, is to move your family to a new home by June because of a job change or promotion, then your goals will drive your getting that home sold faster than if you are retired and just want to be closer to the grandkids. So you need to take your temperature in relation to your motivation to sell. We need to note here...usually your motivation to sell will help to determine how fast you sell, because your motivation will force you to be more serious about your price.

Now let's just take a brief look at timing. The natural "hot" season in our market is from late March to mid October. When you are ready to sell your home, you must have your home "IN" the market when the maximum number of buyers are in the market. This will allow you see the highest price in the shortest time, because you will have more buyers out looking at the peak or hot months. Please keep in mind you and I have a common goal...get this home sold for the highest price in the shortest period of time.

So, should you sell in 2012...
The Good: The market is poised to trend up in 2012, and with historically low interest rates, I predict this to be a strong year.
The Bad: The Stock Market is still struggling abroad and here in the states, and gas prices are looking like they are on the rise, which affects consumer confidence...in turn keeping some buyers off the market this year.

Grace and Peace...