December 2013
DeLena Ciamacco
Included in this blog post is a
link to my Real Estate Update Newsletter. Please click on the link below to get
the latest Real Estate Update for December! If you have any questions, please
don’t hesitate to call or email my office.
http://realtytimes.com/181/DeLenaCiamacco
The
Holiday Season is here!!
I
want to wish you a Happy Holiday Season and safe New Year’s celebration!
I realize the Holidays can be an extremely stressful time for many people and
twice as difficult when you are attempting to sell your home or other Real
estate investments. With that being said, remaining informed and educated
about the “Real Estate Market”, in general, is paramount. Part of my job
is to keep you informed and to let you know what to expect this “Winter/Holiday
selling season.”
Historically October through February/early March are the slowest months of the
year for real estate sales. As expected, showings will
noticeably decrease during this time of year, and they already have dropped by
at least 30% over the last month.
However, this by no means indicates your property will not sell!! In fact, November through February (although
they are reportedly the slowest closing months of the year) is not far behind
the “prime selling season”. We tend to
have less “lookers” and more serious Buyers during the fall/winter months. We are looking for Quality
of Buyers and not Quantity of Buyers.
In addition,
November through February tend to be strong relocation months. Many major
companies fiscal year-ends tend to occur through the months of December and
January (and, of course, June). The people relocating usually HAVE to
buy. It will be important for us to make your listing as available as
possible during this time of year.
Rest assured my entire Team and I plan to do everything possible to
put/keep your listing at the forefront.
Fortunately, these trends tend
to be cyclical. I expect it will pick up
again in the very near future!
Overall,
this year has been as steady as we could hope for real estate sales and it
appears it will continue to appreciate into 2014.
As always, I welcome your call (or email) if you
would like to discuss any issue in detail. Please remember, I would be
happy to provide a market analysis (or current comparable sales) for
your review, at your request. I continuously monitor local, state and national
market conditions (as they pertain to Real Estate) and will advise if any
changes are necessary.
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