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

Posted by @NancyShelvenRealtorShelvensells on

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

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

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.

Find Your Home’s Value

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  • HOME VALUE ESTIMATESAn automated value estimate can give you a rough estimate of the value of your home. This can be a useful starting point, before you talk to one of our licensed real estate agents.
  • BUYER BREAKDOWNUsing a proprietary algorithm, you can see how many people are looking for homes like yours. If you are thinking of selling your home, this is the best way to get a feel for the market.
  • RECENT NEARBY SALESThese facts can give you the edge in understanding what to expect when selling your home.

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Published by @NancyShelvenRealtorShelvensells

Nancy has been practicing real estate in the Chicagoland Area since 2011. Embracing her role as a Real Estate Evangelist, she strives to move the industry towards a model of smaller business with stronger fidelity to clients, while combining focused negotiation, innovative technology and reliable real estate practices. Born and raised in Riverside, Nancy's strongly value the sense of community and the importance of being a part of a great neighborhood. When you buy a home, you are also buying the block on which it resides, a lifestyle, a community and great neighbors can make all the difference. It is so important to know the area around the home; this is where my knowledge of the area becomes priceless. Nancy's focus on negotiation strategy throughout her career is one of her strengths as a real estate agent, and sets her apart in Hinsdale and Chicago's Western suburbs competitive, high price point, and quick moving real estate market. Her negotiation style focuses on creating value for both sides of the transaction, resulting in a higher selling price for her sellers and a better chance of reaching the goals of her buyers. As your listing agent, Nancy will take her enthusiasm for the area and make your potential buyers feel like there is no better place for them to call home. When selling a home where you raised your family, it can be an emotional and stressful process. This is where Nancy's expertise comes to life with an empathetic approach to help eliminate the stress that so many experience in letting go. Nancy will help you organize, declutter, and stage your home ready for show. "I treat every client in the way I would like to be treated and I put myself in their shoes and ensure that you receive the most personalized care the industry has to offer. Wherever you are in this process understanding your Lifestyle needs and matching them to a neighborhood or community is my priority. Born and raised in Riverside, I strongly value the sense of community and the importance of being a part of a great neighborhood. When you buy a home, you are also buying the block on which it resides, a lifestyle, and a community. It is so important to know the area around the home; this is where my knowledge of the area becomes priceless. As your listing agent, I will take my enthusiasm for the area and make your potential buyers feel like there is no better place for them to call home"