IN THIS FALL MARKET
The real estate market may have cooled down a little since the Spring of 2021, however that doesn’t mean that sellers still don’t have an advantage. In fact, Fall is a wonderful time for homeowners to list and sell their homes for a multitude of reasons.
Not only are homes at their peak curb appeal, given the beautiful and cozy look of the fallen leaves, but typically, the Fall is a strong season to sell in. So if you’re currently a homeowner looking to sell, you’re in luck! Here are 4 reasons why it’s a great time to be a seller in the Fall 2022 real estate market.
BUYERS DON’T WANT THEIR PRE-APPROVALS TO EXPIRE
Buyers who locked in on their pre-approvals for up to 120 days don’t want to miss out on their opportunity to purchase or have to go through the process all over again. Especially with mortgage rates increasing.
This puts the seller at an advantage since buyers who have been pre-approved will be anxious to purchase and lock something in before time runs out. Therefore, sellers can expect quite a few eager buyers headed their way once their house has been listed.
FALL IS A STRONG MARKET
There are many reasons why Fall is a great time to sell! Not only is the look and feel of one’s home beautiful, given the Fall curb appeal and cozy interior decor, but we also tend to see more serious buyers in the market.
People continue to relocate for corporate positions, the kids are back in school and people are back into their normal routines. So, buyers tend to become a little more serious, as well as anxious, to find their home and settle in. Especially compared to the summer months! This leads to a strong real estate market in which many sellers can see success.
THERE’S STILL A HOUSING SHORTAGE
We are seeing an increase in inventory, however, we still have a housing shortage. Currently, there is not enough housing to go around to meet the needs of the long-term population growth and the increase in immigration.
It is a great time to list your home and take advantage of the many benefits that a Fall market has to offer. Excited and more serious buyers would like to move before the snow falls, this time of year truly presents a great opportunity for sellers.
BUYERS WANT TO SEE YOUR HOME BEFORE THE SNOW
Canadian winters can be harsh and dreary! This is why so many buyers are anxious to see homes and lock in their purchases before the snow hits the ground.
In addition, selling one’s home during the winter months can be challenging. Not only is the curb appeal less than ideal, but many home buyers will pause their hunt during this time, as they don’t want to make the trek in the snow.

