April 14-20 Identified as Prime Week for Home Sales in 2024

Despite rising mortgage rates and high home prices, experts pinpoint the third week of April as the optimal time for homeowners to sell, leveraging increased buyer demand and competitive market conditions.

• Realtor.com reports the week of April 14-20 as the best time to sell due to high buyer demand and relatively less competition.
• Home prices during this peak week are expected to be 1.1% higher than average, offering potential for increased profits.
• Mortgage rates have risen to 6.88%, impacting both buyer affordability and seller expectations.
• Homeowners are advised to prepare their properties for sale to maximize returns, with some adjusting expectations in a challenging market.
• Despite the favorable selling conditions, the market continues to pose challenges with more realistic expectations from sellers compared to previous years.

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