If you’re currently on the fence about making that final sell, now may be your golden opportunity. Century 21 Riverpointe, a Downriver based real estate company, is able to help you with this important buying decision.
“Mid-March to mid-April is the best time to hang the sale sign nationally, with homes selling 15% faster and for 2% more than the average sale,” according to Zillow. The window tends to be a little earlier for sellers in warmer climates and a little later in colder climates.
“It’s still predominately a seller’s market, but less so than the last year or two,” said Stan Humphries, Zillow’s chief economist. “Some advantages are moving back to buyers; but largely and broadly … it’s still favoring the sellers.”
Factors such as a lower supply and the rise in interest rates are definitely prompting this declaration of a seller’s market, among many other things. Be careful, though. According to some, these benefits can have their drawbacks. Sell responsibly.
Regardless, it would be wise to check out Kathryn Vasel’s article on Zillow here: