Well, if you’re a homeowner looking to get your home on the market, this might be the best time to sell.
Spring is coming and buyer demand – and motivation – is increasing.
Obviously, affordability is still an issue – prices remain high and mortgage rates seem stuck in the 6.5% area. Still, in past years, homes listed during this time period sold for 1.1% higher than the average week and 6.7% higher than the beginning of the year.
Listings also move faster during this time – up to 9 days or 17%.
Finally, the spring season is less likely to see price cuts, with nearly 21% fewer hoes cutting prices.
So – is it time to sell?