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The Best Week To List Your House Is Just Around the Corner Christophe Choo at Coldwell Banker Global Luxury is Your Local Real Estate Expert.

The Best Week To List Your House Is Just Around the Corner Christophe Choo at Coldwell Banker Global Luxury is Your Local Real Estate Expert.

By Christophe Choo Posted Mar 30, 2022 Beverly Hills, Latest Updates, Real Estate Articles, Real Estate News, Shared Recommended Articles, What I'm Reading

The Best Week To List Your House Is Just Around the Corner Christophe Choo at Coldwell Banker Global Luxury is Your Local Real Estate Expert.

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

Are you thinking aboutĀ sellingĀ your house? If so, you may want to make it a priority to start the process soon. According toĀ 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:

ā€œHome 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.Ā 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.ā€

If youā€™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 youā€™re able to get your house ready quickly, hereā€™s what you can expect from that week.

You Should See More Buyer Activity

The article expects higher buyer demand based on whatā€™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 upĀ 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 theĀ National Association of RealtorsĀ (NAR),Ā says:

ā€œ. . .Ā Buyers are rushing to lock in lower rates as the outlook is for even higher mortgage rates in the following months.ā€

Your House Is Expected To Sell Quickly

Additionally, theĀ realtor.comĀ 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 toĀ price your houseĀ right, it should sell quickly. And when homes are already selling in just 18 days according toĀ NAR, that could set you up for a big win.

Your House Will Be in the Spotlight

Since the beginning of the year, theĀ number of homesĀ available for sale has been at or near record lows. According to theĀ realtor.comĀ 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 youā€™re ready to move fast, you may want to shoot for April 10th-16thĀ as your target goal. Just remember, even if youā€™re not ready to list within the next couple of weeks, rest assured this is still a hotĀ sellersā€™ market. If you list later in April, youā€™ll still be in the driverā€™s seat.

Bottom Line

Ready to get the ball rolling? Letā€™s connect and schedule a time to go over your next steps. In the meantime, make aĀ checklistĀ 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.

Call Christophe Choo at (310) 777-6342 to tour your future home "HERE"

or click "HERE" to estimate your home value.

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