"Hey Murph, what is the 2020 real estate market going to be like this winter?"
Now, this is a really good question because everybody knows in Minnesota, our market is cyclical. Slower in the winter until things pick up in the spring. It usually stays active until Halloween, and then it will dip again.
However, this year, when you ask me, "How's the 2020 Winter Market gonna be in real estate?" I will tell you that because there is so much demand and there's so little supply, and lower interest rates, I think the 2020 winter market will be stronger than normal.
How many exact sales there are going to be? How many listings are there going to be?
I think that listing volume will tighten up. But I think the demand will be really, really strong because of rates and just because people are wanting to make a move.
So with that said, I think that the winter market is going to be solid.
I think that if it's the right time for you to sell, then don't be scared. You will have less competition because people won't want to put their house out on the market.
So don't think that putting your house on the market in the winter is a bad idea.
Have a question? Leave it below! I'm here to help.
