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November 3, 2016

Welcome To The Holiday Home Stretch, 2016

If you’re planning to buy or sell real estate in the near future, it’s important to know that the industry slows down after Thanksgiving. Buyers get distracted with holiday activities, and not too many homeowners relish the idea of open houses after the Christmas tree is up.

The bottom line is that new inventory will substantially decrease after your Thanksgiving dinner leftovers are gone.

There are currently 304 single-family homes and 411 condos on the market. If you’re a buyer who genuinely wants to make a purchase before the end of the year, the takeaway here is that you should seriously consider whatever comes on the market that might work for you between now and Thanksgiving. December is generally known as the month when deals can happen for buyers, because homeowners aiming to sell before 2016 ends are genuinely very motivated.

And it’s high time to get your home ready for sale if you’re a homeowner considering putting your house on the market before the end of the year. You need to line up all your resources—hopefully with a lot of help from your Realtor—as soon as possible. That means getting painters, stagers, gardeners and cleaners on the schedule now.

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