When is the BEST time to sell or buy a home?
In this line of work I get asked this question frequently.
The answer is simple:
When you need to move. I mean this with all sincerity and no sarcasm. As the saying goes: the only constant in life is change. We can never perfectly time the market as there are so many factors outside our control from war to tariffs to economic booms and instability. If we all had a crystal ball we would have bought homes galore when rates were low and sold them at the height of pricing which most recently has been 2022.
If your life circumstances have changed, you need more or less home, need to be closer to a school for your children or closer to work or desire a quieter life in the country. THAT is the best time to sell and buy. Sellers, you may be very attached to certain furniture and your personal design style or room colors.
While I love design and have a deep appreciation for all styles, most buyers do not. They simply can’t see past your exercise equipment in a bedroom, your oversized bed in a small room or overly decorated or totally empty rooms. This is why I step in to help create an atmosphere and vibe to help your home look amazing online and capture a buyer’s attention and heart in person. I have been a victim of the housing crash in 2008 and lost everything when I left Florida and moved to TN.
All of the blood, sweat equity, tears and money I had poured into my 2 homes there evaporated seemingly overnight. Buying a home in 2013 with a small down payment turned out to be the best thing for our family. We were growing into a family of 3 to 4 and needed our own place.
As far as timing the market, spring does tend to be the high season for home buying in Middle TN, however I have sold homes the week of Thanksgiving, gone under contract in December and closed quite a few homes on New Year’s Eve. If you find yourself considering a move in the next 6 months, let’s talk about getting gorgeous listing photos while everything is green, talk about upgrades to add value and begin your home search so you know what you need when the time is right to buy.