Although it's hard to time the real estate market right, there is one week out of the year that has historically given sellers the upper hand. That week is roughly a month away.
Hovnanian CEO Ara Hovnanian gives real estate outlook and shares challenges that homebuyers may face ahead of key season, on 'Maria Bartiromo's Wall Street.'just right. However, there is one week in particular that provides them with the most favorable conditions to list a home, according to a recent report.
The week is slated to have the "best combination of higher prices, fewer homes to compete against, faster sales time and strong buyer demand," compared to any other week in the year, according to the report. A for sale sign is posted in front of a home for sale on February 20, 2023, in San Francisco, California.an extra $48,000 or more for their homes if they sell during this seven-day stretch than if they were to sell at the beginning of the year, according to Realtor.com.This week also has seen greater interest from buyers. In years past, there have been 16.4% more views per listing during this span of time, compared to the typical week during the year. In 2022, it had 32.
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