Is December Real Estate Really Slow?

Many people believe the misconception that the real estate market is slow in December. We are here to tell you that it can be quite the opposite. The real estate business can thrive in December just like any other month. There are always buyers in the market for homes. And there are always circumstances which cause people to put their homes up for sale. So there are always homes to choose from. Sometimes the market is a bit slower in the winter but the real estate market does not hibernate in December.

Less Competition in December Real Estate

So many people wait for the spring market to put their homes up for sale. They believe the market is stronger then. And they believe they can get more money for their homes then. What they don’t realize is that there’s more competition in the spring and summer months. There are more homes for buyers to choose from. Putting your home up for sale during the month of December can be smart. It’s the theory of supply and demand. If someone wants or needs to buy a home they are more likely to choose yours if there aren’t as many up for sale. and you may end up getting more money for your home than if you waited until there were more homes on the market for buyers to negotiate with.

Corporate Relocation in December

Many companies start to prepare for their new fiscal year in December. Sometimes they need to move and relocate some of their employees and enlist corporate relocation companies to help them. These employees work with the corporate relocation companies to sell their homes and find new ones where they are being relocated.

Buyers Get a Better Deal in December

Since there is a misconception that the market is slower in December many homeowners are more conservative with their sales prices. If they need to sell their homes they are more likely to list their homes at lower prices in December and in the winter months. This is great for buyers who don’t mind moving during the holidays or right after the first of the year. The weather might not be optimal in which to move, but it’s well worth it financially.

Life Happens, Even in December

All year long there are circumstances which cause people to have to move. It might be a death in the family, a divorce, a job loss or another reason similar to these. When life happens, even in December, you may have to list your home for sale or you may be in the market to purchase a new home.

There are many reasons why the real estate market stays strong in December. People move all the time. If you’re in need of real estate services in southern Oregon, contact me today to make your move a smooth and successful one.