January 12th, 2021 1:40 PM by Roxanne Johnson
Should I list my property this winter? This year the season is quite different as the pandemic has limited social gatherings and events. We find ourselves reassessing our living space and our day-to-day lifestyle. With a shortage of homes and pent-up demand, buyers are watching the market for new listings and are ready to make an offer when the property fits their lifestyle. Wooded and Ag land are also in demand, as it has become a bit of a challenge for buyers to find a place to hunt, camp, or build their dream home. You may have an ideal parcel to sell or split off that could give you the cash make improvements to your property, purchase a second home, or invest in other ways.
In November, the Dow Jones Industrial Average hit 30,000 and the interest rates hit another low, home prices have risen 15% and selling in an average of 45 days, according the SE Minnesota Association of Realtors MLS reporting. The economic indicators support a positive market moving forward for sellers. We find buyers are looking to take advantage of the low interest rates. We are happy to visit with you about selling options available, the selling process, and guide you step by step along the way. Call today for your free confidential consultation and put our experience to work for you!
Roxanne & Kelsey, RE/MAX Select Properties