When is the best time to sell your house? Timing can make a big difference in terms of selling your home quickly and for the most cash. But here’s the thing: The rules on pinpointing that best time might not be what you think.
1. Spring isn’t always the best season to sell your house
- Spring home-buying season generally means you’ll have more competition from other home sellers
2. Keep an eye on the local economy
- A home’s value generally increases 3% to 4% a year when the economy is strong, driven by inflation and natural population growth.
3. Mortgage rates matter, too
- More people buy homes when mortgage rates drop, historic data shows.
4. Wait until your home’s in good shape
- Taking care of leaks, built-in appliances not functioning properly, insect infestations, plus any imminent safety or environmental hazards, is crucial before listing your home.
5. Your personal preparedness is a priority, too
- no amount of timing should eclipse what time is right for you personally, professionally, and otherwise.
For more tips on timing to sell your home go to bmre.us/hint14.
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