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Health & Fitness

Spring Selling Season is Blooming Early

Shake off your winter slumber if you’re planning on selling your home this year. While you still may be engulfed in snowdrifts, don’t be fooled into thinking that you have plenty of time to prepare your house for the spring selling season ahead—buyers are out there and ready to sign on the dotted line.

With an unusually high number of snowstorms in 2014, schools and businesses were closed more often than winters past, so people drifted toward their computers to browse online for their next property. According to Experian Marketing Services, web traffic to real estate websites jumped 25% from December 2013 to January 2014, with a whopping 364 million visits! The Internet has become the new curb appeal, so if your home hasn’t been listed online yet, you’re missing out on millions of potential buyers seeing it.

Additionally, mortgage rates dropped over the last month back toward 4% for traditionally structured, qualified loans, sweetening the deal for homebuyers whom are eager to buy now. But the window of opportunity is rapidly closing—the fear of mortgage rates creeping back to their normal levels, coupled with heightened competition for homes on the market that ultimately drives housing prices higher, is very real. Buyers are out there and ready to make a deal before the spring selling season launches into high gear. As a seller, don’t miss out on this opportunity to meet the perfect buyer—there’s still time to prep your home for a quick sale, but you’d better get moving. The first sighting of a crocus peeking through the snow will spark the season of frenzy.

Good luck and happy selling!

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Sincerely,

Lynn Donahue & Donna Maley

Find out what's happening in Wellesleywith free, real-time updates from Patch.

Donahue & Maley Team/Benoit Mizner Simon & Co.

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