Monday, October 3, 2016
October brings to mind bright orange pumpkins, warm apple cider and the crackle of fallen leaves under your feet. It is a time of change. But few people are thinking of moving in the Minneapolis/St Paul area...or are they?
This is a common misconception of Minnesota home sellers. Often they think they “missed out” on the busy season in real estate by late summer. But surprisingly, listing a home in October, can be a very wise decision indeed.
The summer and early fall can be very busy months for many things, including vacations and back to school. Many homes listed during this time have lingered on the market, partially due to there being an influx of listings at this “good” time. Surprisingly, many home buyers are not waiting for the school year to end to make their move. These people can be very busy in the summer months with outdoor activities. But they want to move before the sidewalks get icy and lawns are snow covered so they really get down to the business of home shopping in the fall.
I have watched this trend for several years now. The market seems to pick up when the leaves start to turn through mid-November. It cools off again over the holidays due to busy schedules, but it homes don’t completely stop selling either. The traditional theory of listing a Minnesota home in May-June to get the best price is simply not true. Homes do sell year round and the fall colors can be a huge boost to your curb appeal too!
READY to Make YOUR Move? If you are buying, selling or relocating to Minnesota and need help from a professional REALTOR®, give me, Teri Eckholm of BOARDMAN Realty, a call or visit my website for a FREE Home Buyer Success Guide or FREE Home Value Report. I specialize in acreage and lakeshore properties in the north and east Twin Cities metro area including Ham Lake, Lino Lakes and all communities in the Forest Lake School District! Serving Anoka, Chisago, Ramsey and Washington Counties in Minnesota.
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