Anyone hold off till spring to put homes on market?

[Jessica H.]

Things are selling a little slower and for a little less these winter months, we just got offer accepted on a new home whose neighborhood showed great sales in the summer ( still decent now) but better in spring/summer. Is it worth it to wait a month or two? It was a cash purchase. Thanks

[J Scott]

What is the general difference in resale values between now and a few months from now? How badly do you need the cash out? How much are you spending on holding costs?

For example, I do some rehabbing in Milwaukee, where values generally increase 3-6% between now and April -- that's a substantial price increase, especially on the $300K houses we're doing up there. It's worth the wait.

But, in Atlanta, values don't generally fluctuate between winter and spring (DOM fluctuates, certainly). So, in Atlanta, I'd put the house on the market ASAP.

Now, if you have high holding costs or need the cash out quickly, that should play in as well...