5 Reasons Why Fall is a Good Time to List Your Home
Thinking about selling your home but not sure if the fall is the right time of year? It’s actually a great time to put your home on the market. Here are some of the benefits of listing your home in the fall.
- There is Less Competition. Typically spring and summer are high seasons for listing family homes, as people want to move over the summer before the new school year starts, so listings usually decrease in the fall, which means less competition and higher sales prices.
- Great Weather for Buyers. When the heat of the summer is gone and cool crisp days return, people just want to be out and about more! That may be especially true this year, as we have all spent more time at home during COVID. With precautions put into place, buyers can…
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Should I Wait Until A Recession To Buy A Home?
Is It Smart To Wait For A Recession?
I've had friends and family ask me if they should wait to buy a home once a recession hits. My answer to them is has anyone actually made an accurate prediction of a recession? You may wait years before one ever happens and at that point it would most likely have been smarter to buy your home before the years you waited to get a "deal" because home prices have historically rose.
Tennessee real estate has increased ~6-8%/year for the past 5 years, according to the Federal Housing Finance Agency. So if you wait two years you're going to miss out on a potential ~$12,360 to $16,640 for every $100k you spend if Tennessee keeps it up.
Do Recessions Actually Lower Home Values?
Most recessions…
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