Expert Q&A: Is Now a Good Time to Sell in Tarrant County?
October 11th, 2013 | by The Update
This grand estate at 3000 Burney Lane in Southlake sits on three acres of heavily wooded land surrounded by hundreds of acres of nature preserve. It is like no other home in the area. Listed by Wynne and Perry Moore for $5,200,000. Photo / Briggs Freeman Sotheby’s International Realty
Forget what you’ve heard about home-buying trends around the holidays. Truth be told, late fall into December is one of the best months to sell a luxury home. Couple that with a vibrant market in and around Southlake, and you get the answer to today’s Expert Q&A.
Is now still a good time to sell?
A: In Southlake, Colleyville, Grapevine and Keller, it’s a great time to sell your entry- and mid-level home and start looking for the home you’ve always wanted – whether it’s for square footage, luxury amenities or a neighborhood you’re eyeing. As these communities continue to receive praise for great schools, safety and quality of life, the mid-level homes are in demand and selling quickly. We recently put a home on the market on a Friday, got multiple offers, and closed the deal by Wednesday.
And because there is a reduced inventory of homes for sale in Northeast Tarrant County, sellers can take advantage of little competition for buyers. There is always a spike right before Christmas, when we see buyers looking to make a deal before the end of the year. Then, the big Spring Market gets started in January and inventory is high. Homes listed now get a lot of attention.
With investment experts continuing to recommend luxury real estate as a solid buy – and with mortgage interest rates inching up – buyers will be motivated to bid on your home. Then, you’ll be in a great position to find your next home and investment.
Briggs Freeman Sotheby’s International Realty is Dallas’ luxury real estate leader, with more than 190 agents in five offices located throughout Dallas-Fort Worth and access to the global Sotheby’s network, including more than 11,000 agents in 600 offices worldwide. CEO Robbie Briggs independently owns and operates Briggs Freeman Sotheby’s International Realty. For more information on escapes and second homes, ranch and land, and luxury homes in the Dallas-Fort Worth region and beyond, go to briggsfreeman.com.