Homes listed during this particular period often attract more buyers. Data shows that there's typically an increase in views for listed properties by about 18.4% compared to other times. Furthermore, homes for sale during this time period tend to sell faster, with a selling speed approximately 17% faster than the weekly average. This means that by listing during the best week, sellers have the opportunity to enjoy a quicker sales process and higher prices.
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While this year's real estate market is expected to see a slight decline, mortgage rates are anticipated to drop to around 6%, which will inject some vitality into the market. For sellers, the best time to list offers them the chance to garner more attention, expedite the selling process, and secure higher prices.
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In addition to economic factors, spring is also considered a busy season. Families with children often choose to move during the summer vacation period, prompting them to start looking for new homes in the spring. Moreover, after the tax season ends, the mortgage approval process tends to be smoother, providing more convenience for homebuyers.
Overall, sellers should make the most of the golden time in the third week of April by preparing their homes in advance and putting them on the market. This includes necessary repairs, cleaning, and staging to ensure the homes are in optimal condition. By showcasing their homes during the best listing time, sellers can attract more buyer attention, achieve quicker sales, and secure more favorable outcomes.