Why Now’s Not the Time To Take Your House Off the Market

Has your house been sitting on the market longer than expected? If so, you’re bound to be frustrated by now. Maybe you’re even thinking it’s time to pull the listing and wait to see what 2025 brings. But what you may not realize is, the decision to hold off could actually cost you. Here’s a look at why staying the course could be the smarter move. Other Sellers Are Pulling Back. Should You Hold Off Too? According to recent data from Altos Research, the number of withdrawals is increasing – that means more sellers are opting to pull their listings off the market right now. And this isn’t unusual for this time of the year. In the housing market, there are seasonal ebbs and flows. Inventory levels typically start to drop off a bit headed into the fall season as some sellers delay their plans until the new year. As Mike Simonsen, Founder of Altos Research, explains: “. . . we’re seeing a more normal seasonal pattern now with inventory beginning to decline. We’re also seeing more home sellers withdrawing their listings to try again next year. In fact, for every two sales, there is another listing withdrawn from the market.” But is that a smart move? While it might seem like a good idea to pull your listing too, here’s why that approach may not pay off this year. Today’s Buyers Are Serious and Ready To Act The biggest reason to stick with your plan to sell now is that the buyers who are looking at this time of year are serious about making a purchase. They’ve been sitting on the sidelines for a while waiting for affordability to improve. And now that mortgage rates are down from their recent peak, they’re ready to make their move. Mortgage applications are rising – and that’s a leading indicator that buyers are preparing to jump back in. And since they’ve already put their needs on the back burner for so long, they’re even more eager than buyers usually are at this time of year. These aren’t window shoppers. They’re highly motivated buyers who want to move fast – and that’s the kind of buyer you want to work with. As Freddie Mac says: “During the fall months, serious homebuyers are eager to settle in to a new home before the holiday season ramps up and the winter weather begins.” By keeping your home on the market, you increase the chances of attracting people who are truly ready to make a purchase. Bottom Line While some sellers are choosing to take their homes off the market, this really isn’t the best move. With serious buyers eager to purchase, this is a great time to sell your house. Let’s connect to make sure we’ve got a strategy in place to make it happen. 

Liana learns to cook authentic foods in Hawaii

Ever since she was diagnosed with leukemia, Liana has used baking and cooking as an outlet.  “My favorite food to cook is pasta and my favorite food to bake is cake,” Liana said.   Liana would stay in the hospital for a full week when she was first diagnosed. “After some time, it went down to three times a week, then twice a week, then we were going once a week for two-and-a-half years. Finally, that went down to once a month and now we are no longer in treatments,” said Liana’s mom, Mazal.  When Liana’s oncologist referred the her for a wish, the family knew Liana would choose something to do with baking, but she also loves swimming. That’s when Liana decided on her wish - to learn to cook authentic foods in Hawaii! ***********************************************************We are on a mission to raise $10,000 for Make-A- Wish Foundation ARIZONA, so for every house we sell this year we are donating a portion of our income to them. As you know Make-A-Wish Foundation does create life changing wishes for Arizona children with critical illnesses. The children we serve are fighting for their lives, and their families are doing everything that they can to help them in their battles. Last year they served thousands of children around Arizona. Chances are your family or someone you know has benefitted from the great work they do. Who do you know considering buying or selling a home you could refer to our real estate sales team? Not only will they benefit from our award- winning real estate service, a very worthy cause will benefit as well. I want to make it easy to refer your friends, neighbors, associates or family member.You can go to our website and enter their contact info online or forward the link to who you know considering a move. Of course you can always call me direct as well. Thank you so much for the referral!. "I Make Dreams A Reality In Realty"

Lower Mortgage Rates Boost Your Buying Power

    As rates drop, your monthly payment on your next home will too. Let’s connect to talk about how today’s rates boost your purchasing power.