Best Time To List My Home, When is That?
The answer to that question depends a little on what part of the country you live it, but typically the best time is spring. For example in my home state of Illinois, certainly after Super Bowl or towards the end of March is the best time to list your home. Here in Alabama in my experience almost anytime after the first of the year is a good time to list your home. If there is even a slight chance you may want to sell your home, now is the time to act! Spring is here and the weather is great! Also, inventory is lower than it has been. The following link will help answer your question: Best Time To List My Home, When Is That? LIST WITH ME
Housing has in many areas shifted to a seller’s market, with inventory at a 13 year low. The National Association of Realtors (NAR) reports the January Pending Home Sales Index as being at 105.9% which is the highest rate for contracts (not closings) in years, meaning that homes that are available are being sold quickly, but of course location and local markets are different.
According to NAR Chief Economist Lawrence Yun, home pricing will likely be on the upswing as less homes are on the market. “Over the near term, rising contract activity means higher home sales, but total sales for the year are expected to rise less than in 2012,” he said. “While home prices are projected to rise more strongly because of inventory shortages,” Yun concluded.
Throughout the United States pending sales have increased, with the largest gains seen in the Northeast and Midwest. Moderate increases in pending sales occurred in the South and the West has stayed pretty much the same in the last month. However, overall our area here in Alabama has been busy with buyers looking and wishing there was more to look at.
Over five million homes are expected to be sold in 2013. Will your home be one of them? To find our more about how to start the process of selling your home, please contact me, your Huntsville Real Estate Resource…I’ll answer your question: Best Time To List My Home, When Is That? And remember to click Northern Alabama Homes for available homes for sale.
If you need a knowledgeable real estate professional in Madison or Huntsville Alabama area, why don’t you let me Google that for you! I also know outstanding agents in all states and Canada should you need help relocating to a new area.