The Blog ofFeneis Real Estate Team

Fall & Winter is the right time!

If you have thought about selling your home and talked to anyone that knows anything about real estate, you are probably thinking I should sell in the spring!  That is when all the buyers come out and I will get the maximum amount of money for my home.  Now the statement about buyers is true, that is when we see the most foot traffic.  However, there is more to it than just getting “the most” for your home.  

Think about this, if you wait to sell your home because there are more buyers…doesn’t that mean when you are trying to buy your next home, those buyers are still going to be there?  

Now, when you consider that it’s a sellers market for most of Dane County, it’s actually a more balanced market when you look at “move up” homes.  Homes that are priced above $350,000 or $400,000.  If you were to put your home on the market at the correct price, you would sell quickly due to the lower inventory levels & you would be able to find that home you want as there are more in that price range.  Then, to add the cherry on top, interest rates are continuing to rise.  If the rates increased by a quarter of a percent, that could cost you an additional $55,000 on a 30 year mortgage.  

Bottom line, if you are thinking about selling your home, don’t wait as you can find deals in that next house you want and get what you need on your current house to make this all happen!

Call Chris today (608)313-4240 to see this dream become a reality!