December 2016

Found 2 blog entries for December 2016.

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Today I'd like to point out some misconceptions that you may have as a homebuyer.

Why is now a good time to be in the market as a buyer?

    1. Seasonality of pricing. During the spring and summer months, the median price is traditionally higher than during the winter. According to both Dane County data and data from the National Association of Realtors, you’re likely to pay less for a home during the winter versus any other time of the year.
    2. Less competition. There are fewer buyers in the market at this time of the year that you'll have to compete against. When sellers have fewer buyers looking at their home, you’re
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Want to sell your home? Get a FREE home value report.
Want to buy a home? Search all homes for sale.

There are a few major misconceptions that home sellers have about the winter market.

If you watched my video above, you'll see that accepted offers in 2015 for single-family homes and condos in Dane County were at their peak in March, April, and May. December shows the fewest number of accepted offers. Take a look at the number of accepted offers and closings in the chart below. Closing occurs right around 50 days after the offer is accepted.

chart-2015-aos-by-month-homes-and-condos

Judging just by these charts featured in my video, you'd probably point to March as the best time to list your house. The number of buyers, listings, and accepted offers starts

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