Are you thinking about selling your house? Do you want to sell your house? If so, you might want to start the process soon. Based on data from realtor.com and other sources, the best time to sell a home is right around the corner. It was done by experts in a recent study. They looked at housing market trends by looking at data from the last few years (excluding 2020, since it was an atypical year). When they looked at the current market, experts found the best week to put a house on the market this year. The study 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 off your move in anticipation of the perfect moment to sell, you should be aware that your golden window of opportunity is coming. If you're able to immediately prepare your residence, here's what you may expect throughout that week.

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You Should See More Buyer Activity

The article anticipates increased buyer demand based on recent years' experience. This may result in heightened buyer competition and, ultimately, a bidding battle for your home. And, given that mortgage rates have increased beyond 4%, chances are good that the analysis is right. When interest rates rise, experts suggest that buyers often rush to complete their purchase before rates continue to rise. As Nadia Evangelou, Senior Economist and Forecasting Director at the National Association of Realtors (NAR), puts it:

“. . . 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 data indicates that homes sell more quickly during this week of the year, most likely due to increased buyer demand. If you consult with a trusted real estate professional to determine the correct price for your home, it should sell quickly. And with homes selling in an average of 18 days, according to the National Association of Realtors, this might set you up for a large win.

Your House Will Be in the Spotlight

Since the beginning of the year, the available inventory of homes has been at or near record lows. According to the realtor.com report, this week of the year typically sees even fewer sellers on the market. If you list during a period of low inventory, your home will be the center of attention for enthusiastic buyers looking for options.

If you're in a hurry, you might want to set your sights on April 10th-16th. Keep in mind that even if you're not ready to list within the next couple of weeks, this is still a hot seller's market. If you list later in April, you will remain in control.

Bottom Line

Are you ready to get started? Let’s connect and schedule a time to go over your next steps.   In the meantime, create a checklist of things you need to tackle to get your house ready. When we speak, we can prioritize your tasks to-do list and get you started on the road to selling your home.