If the weather outside is frightful, that doesn’t mean the real estate market is! If you’ve been scared away from selling your home in the winter by people claiming it’s a bad idea, it’s time to reconsider. In the past three winters, home sales have increased an average of 4.5% during November-January. Although there were less homes on the market, buyers were still buying at an increased rate. There is no doubt that this will continue this winter as well. Selling in the winter actually has it’s own advantages. Experienced real estate agents are aware of the advantages and downfalls of selling in different seasons. Let’s dive into some benefits of selling your home in the winter.
The Internet Has No Winter
There’s no doubt that the real estate game has changed drastically since the development of instant internet access to property listings. While it is known that spring is the most popular buying season, that doesn’t mean it’s the only buying season. Serious buyers are always looking, no matter the weather. Modern home buyers do most of their home searches online. This is especially true during the winter, when buyers are less likely to brave the winter roads just to drive to the local real estate office. This means that your photos and online listing must be attention-catching and professional, as buyers are probably going through many pages of them.
When spring comes, there’s always a massive spike in the amount of sellers on the market. But in the winter, you practically have the market to yourself, and less competition means more attention for your property. Since 2014, available homes have fallen an average of 15% from November to December – that means 15% LESS competition if you list your home during the winter. Shoppers have fewer properties to choose from, and this means you will sell your house faster and for a better price.
Most people don’t want to move in freezing weather, and that’s a fact. Winter is time to cozy up next to a fire and drink hot cocoa, not hire a moving company. However, if a buyer is trudging through our North Idaho snow to look at your home, they must be serious. Winter buyers are usually working against a deadline, and this makes them more motivated to find a new home and fast. Whether it’s an expiring lease or relocation, a winter buyer is a motivated buyer. You’ll likely have less showings, but the applicants will be more qualified and more serious about buying. This is truly ideal for a seller, as no time is wasted.
Many buyers plan to list their home in the spring because that’s what they are told to do. However, an experienced real estate agent will be able to advise you in any season. Contrary to popular belief, winter is an excellent time to sell. You can get top dollar for your home due to there being less competition, and your buyers will be motivated to complete the process fast. After all, the new homeowners will want to settle in next to their new fireplace as quickly as possible.
The month of May is just around the corner. We have all the information you need to celebrate Cinco de Mayo in style. Read on!
Cinco de Mayo?
No, it is NOT Mexican Independence Day! It actually marks the date of a not-so-famous battle fought in 1862. The battle was between Mexico and oddly enough, the French. The battle of Puebla was an unexpected win for Mexico, and is what Cinco de Mayo (fifth of May) is really all about. Mexico’s independence day is September 16. Independence for Mexico came in 1810, fifty years earlier. What it represents is resistance by Mexico, at that time a new nation, against foreign interference.
Here in the US, we celebrate with parties which feature Mexican food and consuming of adult beverages. However, if you are looking for something to fill the afternoon before the party, try the Cinco de Mayo fiesta package from the Coeur d’Alene resort.
How about a golf date?
Our own Coeur d’Alene Resort is offering a great way to celebrate the not Mexican new year with a very special golf package. Of course, you’d need to like golf, but if you do, this might just be for you. What they are offering is a golf package that includes golf, of course. In addition, you have the opportunity to sample tequila at selected holes around the course. There will also be delicious Mexican food and cervesa (beer) available. Sound like fun?
If golf isn’t your thing, most restaurants, especially Mexican restaurants will be serving up the party platters of tacos, enchiladas, nachos, and of course Mexican Beer, so you can join in the festivities somewhere! Who doesn’t love to eat Mexican food?
Cinco de Mayo has become an excellent excuse for a fun Mexican-themed party, and now you can amaze all of your friends with your knowledge of the real reason for the celebration.
What is the vernal equinox?
What is the vernal equinox and what does it have to do with Easter you ask? Well, the equinox is the two days that the Sun points directly at the Earth’s equator. Still what does that mean? That means that for two days each year, usually around March 20 and September 23, the sun hits the northern and southern hemisphere equally. On those dates, day and night are roughly the same length of time. Because the solar terminator (edge of day and night) is perpendicular to the equator. Confused? No need! On we plunge! Easter is always on the first Sunday after the first full moon after the vernal equinox. Does that clear it up for you? No? Well, it gets worse!
What are the solstices?
There are two solstices, too. One in Winter and one in Summer. They are the longest daylight and shortest daylight days of the year. This is because the planet is tilted either towards or away from the Sun which creates the longest day or night of the year, depending on the season. On December 22, the sun is farthest South so the daylight hours are the shortest of the year. Therefore, on the Summer solstice, June 22, the Sun is farthest North. Hence, the longest day. In the northern hemisphere, of course. The solstices also mark the beginning of Winter and the Summer.
So what about Easter?
As we told you before, the date of Easter is determined by the vernal or Spring equinox and the phase of the moon. The date roughly coincides with the Jewish celebration of Passover. That holiday commemorates the freedom of the Jewish people from captivity in Egypt. The dates for both of these religious holidays varies each year, but both are important, and come in early Spring.
We sincerely hope the we have helped clear all this confusion up for you!