Eight Steps to Selling Eight Steps to Buying
The real estate market in Eastern Connecticut is suffering through the typical winter slowdown. It seems people don’t buy in the winter in Eastern Connecticut as much as they do in other seasons. I am sure the weather has something to do with it and smaller inventories also don’t help.
The good news is this is about to change. In early March we are flooded with new inventory by sellers wishing to get a jump on the Spring market. The buyers also return in force because of improving weather, more inventory and the general feeling of optimism that accompanies the arrival of Spring.
There is an opportunity available to buyers in January and February I call the Winter Buyer Syndrome (WBS). This refers to the negotiating advantage buyers have when they are few. If you are a qualified buyer and you have very little competition, your negotiating ability is enhanced. You will get a deal that probably won’t be available later in March. WBS makes February an especially good time to buy.
If you are planning on buying or selling real estate in Eastern Connecticut, you need the help, knowledge and guidance of a local real estate agent. We can provide you with your own personal market expert by calling 860-887-1145 in New London County or 860-779-1939 in Windham county. Call today and request your free consultation.