The Best Week To List Your House Is Just Around the Corner

Are you thinking about?selling?your house? If so, you may want to make it a priority to start the process soon. According to?realtor.com, the sweet spot for sellers is just around the corner. In a recent study, experts analyzed housing market trends by looking at data from the past several years (excluding 2020, since it was an atypical year). When applied to the current market, experts determined the ideal week to list a house this year. The research says:

“Home sellers on the fence waiting for that perfect moment to sell should start preparations, because the best time to list a home in 2022 is approaching quickly.?The week of April 10-16 is expected to have the ideal balance of housing market conditions that favor home sellers, more so than any other week in the year.”

If you’ve been putting your move on the back burner waiting for the ideal time to sell, you should know your golden window of opportunity is coming up. If you’re able to get your house ready quickly, here’s what you can expect from that week.

You Should See More Buyer Activity

The article expects higher buyer demand based on what’s happened in previous years. This could result in increased competition among buyers and ultimately a bidding war over your house. And since mortgage rates recently ticked up?over 4%, chances are good that analysis is right. When rates rise, experts say buyers often hurry to make their purchase before rates climb higher. As Nadia Evangelou, Senior Economist and Director of Forecasting at the?National Association of Realtors?(NAR),?says:

“. . .?Buyers are rushing to lock in lower rates as the outlook is for even higher mortgage rates in the following months.”

Your House Is Expected To Sell Quickly

Additionally, the?realtor.com?analysis shows houses sell even faster during this week of the year, likely due to the heightened buyer demand. If you work with a trusted real estate professional to?price your house?right, it should sell quickly. And when homes are already selling in just 18 days according to?NAR, that could set you up for a big win.

Your House Will Be in the Spotlight

Since the beginning of the year, the?number of homes?available for sale has been at or near record lows. According to the?realtor.com?study, the typical trend for this week of the year is that there will be even fewer sellers on the market. If you list when inventory is low, your house will be the center of attention for eager buyers craving options.

If you’re ready to move fast, you may want to shoot for April 10th-16th?as your target goal. Just remember, even if you’re not ready to list within the next couple of weeks, rest assured this is still a hot?sellers’ market. If you list later in April, you’ll still be in the driver’s seat.

Bottom Line

Ready to get the ball rolling? Let’s connect and schedule a time to go over your next steps. In the meantime, make a?checklist?of things you need to tackle to get your house ready. When we talk, we can prioritize your to-do list and get you on the road to selling your house.

Are you ready to start the adventure of buying or selling? Contact the Amy Z Home Team – we specialize in making the process as easy as possible and we are here to serve you!

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