Thinking about selling your house? If you are, you might be weighing factors like todays mortgage rates and your own changing needs to figure out your next move.
Heres something else to consider. According to the latest Home Purchase Sentiment Index (HPSI) from Fannie Mae, the percent of respondents who say its a good time to sell is on the rise (see graph below):
One reason why is because right now is traditionally the best time of year to sell a house. A recent article from Bankrate says:
Late spring and early summer are generally considered the best times to sell a house. . . . While todays rates are relatively high, low inventory is still keeping sellers in the drivers seat in most markets.
These are the seasons when most people move. That means buyer demand grows. And because there still arent enough homes for sale to meet that demand, sellers see some serious perks. According to Rocket Mortgage:
Homes that are listed at the end of spring and the beginning of summer typically sell faster at a higher sales price.
More sellers are coming to realize conditions are ripe for a move. And thats one reason why were seeing more homeowners put their homes up for sale. If you think you might want to get in on the action, its a good idea to start preparing.
A local real estate agent can help you get your house ready by offering advice on how best to fix it up and make it appealing to buyers in your area.
They also know if you list during the peak buying seasons of spring and early summer, you might sell quickly and for a higher price.
If you list during the spring and early summer, you might sell your house quickly and for a higher price. When you're ready to make the most of today's sellers market, get in touch with a local real estate agent.
Venessa James - Broker Associate
ABR, ALHS, CHMS, MCNE, LUXE, SFR, SRS
Platinum Experience Group - KW Professionals
(281) 889-8292 platinumexperiencegroup.com
Integrity, Experience, Results
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