What is the spring selling season? When is the best time to sell a house? In this video, I talk about the spring real estate market and why the spring selling season is the best time to sell a house if you’re looking for top dollar.
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The spring selling season is typically the real estate market between the Superbowl and the start of the summer market (when the kids get out of school). The spring market is historically the best time of the year to get the most amount of money for your home.
The spring market starts as we move past the Superbowl and this is the same time when inventory (available homes for sale) also starts to pick up. Along with the inventory, buyer demand also starts to rise during the spring real estate market creating the perfect storm for those sellers looking to get top dollar. 2020 will be no different as we ended the 2019 with a very strong real estate market so it’s very likely to see that continue where it left off as we start to see more homes come to the market.
When is the best time to sell your house? The spring real estate market is generally the best time to sell your home as this is the time of the year when more buyers are out looking to purchase a home. With interest rates currently sitting near all time lows, we expect that the 2020 housing market will continue to produce gains of around 3-5% with the majority of that activity happening in the spring.
As we move further into the spring real estate market, we will likely see more available homes for sale but you will also see more competition from both the buying and the selling side as more buyers will be out looking and more of your neighbors will likely be putting their homes up for sale.
The summer real estate market always gets the credit for the best market but that’s because most homes close during the summer time frame but remember those homes went into escrow during March, April and May and just happening to be closing escrow during that June, July and August time frame.
Are you considering buying a house or selling a house in the spring? Do you have questions about the real estate market or the spring real estate market 2020? Please comment below or contact me directly.
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Other videos you might find helpful:
January 2020 Real Estate Market Report – https://youtu.be/q4jimRTogiM
Housing Market Predictions 2020 – https://youtu.be/fyfdSr66mj4
California Rent Control – https://youtu.be/PUnNTgWlvLk
#1 TIP to get the MOST MONEY for your HOME – https://youtu.be/lhvmQ34MOro
Appraisal vs Home Inspection – What’s the Difference? – https://youtu.be/cwjokWbr1Go