Reply to Question for Realtors/Seller who yanked a house to wait for Spring

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[quote=REALTOR4U]Hi-

You stated "Husband and I are in a position where the sale of our current home is not contingent on our future home." Are you currently under contract for your new home?  Depending upon your answer, my answer would differ slightly.  
If you are under contract, I would be concerned about how many mortgage payments you would be making on a vacant home and if this would outweigh any potential benefit of waiting for the Spring market.  While there are more buyers in the Spring, there will also be more sellers. I'm not concerned about potential rise in interest rates.  An increase in Fed rates would only have an indirect effect on fixed mortgage rates as they are tied to the ten year bond.
If you are staying put, feel free to roll the dice.  While the market does slow, there are homes listed and sold throughout the winter months. As of today, we only have about a 3.5 months of inventory in MoCo.

You are right, price is only on aspect in selling your home and would should be aware of the recent comparable sales.  Focus on more recent sales, not those stemming from the Spring market sales.  You also need to look at your home with a buyers eye.  Perhaps there is something else turning off potential buyers.  Review the feedback with an open mind.

Best of luck!

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