Ready For A Surprise? This Is The Best Time To Sell Your House!
Get ready to sell your home like a pro! š” Discover why June might be the best time to put your house on the market and maximize your profits. š° #HomeSelling #RealEstateTips #JuneBoom
A Shift in the Housing Market
Rochester, Minnesota – In the past, May was the go-to month for homeowners looking to sell their houses. But times are changing, and June is now the new sweet spot for putting your home on the market. Last year, homes listed in early June sold for a whopping $7,700 more than the average price. And guess what? 2024 might follow the same trend!
The Secret Behind the June Boom
So, what’s the deal with June? It all comes down to mortgage rates. When rates dip, even just a little bit, buyers come out of the woodwork. That’s exactly what happened last year. Rates dropped slightly in June, and suddenly, the market was buzzing with activity.
What Does This Mean for 2024?
If you’re thinking about selling your home this spring, you might want to hold off until June. Experts predict that mortgage rates could take a dive again, thanks to a potential interest rate cut from the Federal Reserve. And if that happens, it could trigger a second wave of the spring homebuying frenzy.
The Bottom Line
In the past, sellers rushed to list their homes in late spring to catch the peak of the market. But now, with fewer homes up for grabs, mortgage rates are the new king of seasonality. So, if you’re ready to sell, keep an eye on those rates and consider waiting until June to make your move.
š£ Are you thinking of selling your home? We’d LOVE to hear from you in the comments section below. ā¬ļø
