Fall is a season of change- temperatures dropping, leaves falling and sweaters making an appearance.
Among this time of transitions, consider making a big move of your own by selling or buying a home in the fall.
The fall season, including dates between September 1 and November 30, often makes for a promising time to sell a home.
Naturally, selling a home during any season comes with advantages and disadvantages.
Here are a few pros and cons to be aware of if you plan on selling your home in the fall:
Advantages of selling a house in the fall:
Disadvantages of selling a house in the fall:
To ensure a smooth and successful fall move keep these tips in mind:
If you are a new or younger buyer in the market for a condo, fall remains a great season to shop.
According to Trulia’s Q3 inventory report, peak home buying season for “starter” home buyers typically begins in the fall. With more homes listed during this season, buyers not only receive more options to choose from, but will also see the prices of homes soften.
If condo buyers are on a tight budget, winter may be a wise time to buy. This season generally guarantees the best deal on a purchase. However, be aware that there tends to be a limited array of listings on the market during this time.
Before it gets too cold or too busy, team up with an experienced broker who can make selling or buying a home in the fall the best decision of the season.
Get in touch with Luxury Living's team of experienced licensed real estate brokers and take the first step in buying or selling a home in Chicago.