As people start thinking about new year's resolutions, some are also wondering whether they should be selling their home to upgrade to a bigger property, to change neighborhoods or to downsize.
The majority of people who plan on making changes in their housing situation start looking for properties at the end of winter. That is why spring is usually the busiest period in real estate.
If you are thinking of selling your property this year, remember that a properly priced house or condo will usually take anywhere between 3 to 6 months or longer to sell. Of course, there are always exceptions. But this is something to keep in mind when contemplating the sale of your property. Winter is actually a good time to contact your broker and ask them for an evaluation and a marketing plan for the sale of your property.