New Home Build Delayed - Do we sell later or Sell Now (w/ extende

[Mark Weisz]

Hi All,

Unfortunately, our new build has been delayed from June 1st to August 1st. :( We are in the Toronto area where real estate is very hot. Interest rates are still very low and so is inventory. We originally planned to list in February and March, which to my understanding is a good time as it is the start of the Spring market. Now, with the delay, if we listed with a normal closing (60-90 days), we would list in May, which as I understand is a bit late for the Spring Market (but still OK).

Question is...do we list as originally planned (Feb-March) but set a closing of August or do we wait till May?

Thanks,

Mark