'Tis the season to plan for the Spring Real Estate Market

Dated: December 23 2022

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For many people (including myself), 'tis the season to gather with family and friends. Perhaps you will be cheering on your favorite football team, doing your last minute holiday shopping (support local businesses please!) or simply enjoying a warm fire at home.

 

It is also the season to reflect on the local real estate market and what lies ahead for the spring market (which starts in January!). The key word in the previous sentence is "local". If you are planning to sell your home this spring or in 2023, your attention should not be focused on the national level metrics (what you see/read on the news/internet). Your attention MUST be focused on the town specific and hyper-local market data and analytics!

 

When pricing a home to go on the market, it is important for me to harness the insights I learn from buyers at open houses, to have conversations with leading mortgage lenders to learn about rate forecasts and different mortgage products (rate buy downs, etc.), and to have a clear understanding of all of the market drivers (inclusive of apartment rent pricing in Hoboken, Jersey City and New York). There are so many parameters in the sale process and as a local realtor invested in the communities I serve, I ensure you know how your market is performing to position you for success.

 

To learn more about the value of your home, contact me at 908-868-4800 or at jeberle@weichert.com.

Wishing you and your family a joyous and healthy holiday season!