In this episode, Jerry covers the frequently asked question, “When is the best time to sell your house?” He discusses the critical role of supply and demand in determining real estate prices and explains how these factors fluctuate based on various economic and seasonal influences. Highlighting data from the National Association of Realtors, Jerry reveals that the ideal time to list a house nationally is between April 14th and 20th, while in Buffalo, the best week is around March 31st due to unique regional conditions.
Jerry encourages sellers to prepare their homes and be ready to show them promptly to take full advantage of this peak interest period, emphasizing the importance of consulting with a real estate agent to tailor this timing to specific market conditions and maximize your sale.
Jerry also shares his recommendation for the best day of the week to list a property, backing it up with research and his professional experience.
Chapters:
00:48: Supply and Demand in Real Estate
01:44: Impact of Economic Factors on Real Estate
04:00: Seasonal Trends in the Housing Market
04:44: Regional Insights: Buffalo Market
06:02: Breaking Down the Hibernation Theory
08:23: The Best Week to Sell Your Home
11:55: Factors Affecting Supply and Demand
21:25: The Best Day to List Your House
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Produced by: Social Chameleon
https://socialchameleon.us