WRE News May 5, 2024
Buyer
A new data analysis by ATTOM of home sales over the past 13 years has concluded that sellers can snag the highest premiums if they put their properties on the market in May, February and April.
ATTOM number-crunched 59 million single-family home and condo sales from 2011 to 2023 to reach this conclusion, noting the greatest seller premiums were generated in May (13.1%); February (12.8%); April (12.5%); June (12.4%) and March (12.2%).
As for the rest of the year, lower premiums occurred in January (10.6%); August (10.3%); December (10.0%); July (10.0%); November (9.5%); September (9.5%), and October (8.8%).
ATTOM also considered the best days to sell a home and determined the top 20 days fell in the months of May, February, March, and June. May 27 was considered the best day to sell a home, with a seller premium of 16.2%, followed by Feb. 25 (15.9%); Feb. 17 (15.8%); Feb. 15 (15.7%) and Feb. 22 (15.5%).
Stay up to date on the latest real estate trends.
December 26, 2024
If someone asked you which option would make for the most pleasant train ride possible which would you choose—spending your commute keeping to yourself or striking up … Read more
December 26, 2024
The total share of mortgages in forbearance increased to 0.50% in November, up from 0.47% in October.
December 26, 2024
There’s no doubt that owning a home comes with significant financial benefits.
December 25, 2024
Have you ever thought about packing up and moving to be closer to the people who mean the most to you?
December 25, 2024
Building equity in your house is one of the biggest financial advantages of homeownership.
December 25, 2024
We Guide Homeowners through the complicated process of selling their home using our 4 Phase Selling Process and 3 Prong Marketing Strategy that alleviates their stress and moves them effortlessly to their next destination. Schedule a 15 Minute Complimentary Strategy Session Today