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The Best Time to Sell Your House

by Sue Yee on May 14, 2007

Choosing the best time to sell your house will depend on the swinging factors of the housing market. What's the most active time of the year for real estate? The best time to sell your house is in the Spring.

The Best Time to Sell Your House? Warm Weather Means Warm Buyers 

Home sales reach their peak in April and May, This is the best time to sell your house. The market is still hot through June and July, extending the fever of the real estate market through to half of the summer. Why this time of year? The answer is quite simple. Not only is the weather more pleasant, but households with children have a freer schedule due to the break from school. Families looking to purchase a new home will choose this time of year to do so. 

Welcomed tax refunds can also prompt house hunters. Many buyers will use these funds to make a down payment on a home. How can you go wrong when selling your home in the Spring and early Summer? You know your home looks even better with the blooming flowers of Spring and the shining sun of Summer. This is the best time to sell your house.

Although the best time to sell your house is during the warmer periods of the year, you will want to list your home early on in the hot housing season. Why? This is because home sales can take a few weeks to close.

Favorable Year-Round Selling Conditions  

Now, what if you live in an area without highly defined seasons, such as Florida or California? That's okay. For you, the best time to sell your house would be during the "seller's market" timeframe. You will have to pay attention to the real estate news, as this can fluctuate.
 
In a seller's market, housing prices are typically higher, while interest rates are lower. That means you’ll receive maximum dollars for your home. The seller's market does not occur every year, but it does come in cycles. Keep a watchful eye on the real estate market news so that you can identify the best time to sell your house.

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