In my experience though,
there are encouraging signs everywhere for real estate, especially here in Orange County. For September 2013, sales are up
nearly 9%, with a median price increase of over 22% compared to last year according
to market analyst Dataquick.1
More good news to ease
your jitters: Last week Dataquick
reported that “the number of California homeowners entering the foreclosure
process fell last quarter [Q3 2013] to the second-lowest level in seven and a half
years.” The improvement is attributed to a combination of stronger
job market, price appreciation, and government programs designed to help
homeowners avoid defaulting on their loans.2
So now maybe your pulse has slowed, your knees have stopped knocking, but you’re
thinking, “The market may be in better shape, but the holidays are nearly here.
Who could possibly try to sell a house now?!”
Don't be afraid! People who are house hunting at the end of the year
can usually be regarded as serious buyers. After all, it’s not the most
convenient time to be looking for a house, so these people often have strong reasons
for being in the market, whether they are related to tax issues, job
relocation, or another pressing motivator.
Another factor to
consider: The holiday season is a naturally festive time of year, and if you
decorate your home wisely, you can create a magnified appeal to motivated
buyers. Plus, inventory of available properties does tend to be lower at year
end, which means your home has an even better opportunity of being considered by
those serious buyers.
Is this the right time to sell your home? It very well could be! Feel free to call me for an expert opinion on
Yorba Linda or any other Orange County neighborhoods.
2 Dataquick http://dqnews.com/Articles/2013/News/California/CA-Foreclosures/RRFor131022.aspx
Nanette Shapiro
(714) 924-0781
nanette.shapiro4@gmail.com
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