When Should I Put My Home on the Market?

Putting your home on the market at the right timeindications on what we can expect over the next
could mean the difference between the home sittingyear. The data would indicate that we will see a trend
on the market and what the home will sell for.starting at the beginning of the first quarter of 2010 and
Situations will differ for each home seller, you mightwill peak for the year in the 2nd and 3rd quarter. Home
need to sell now due to relocation as an example.prices which have already begun to rise in certain
However, if you're looking to sell with no timeareas will continue through the 3rd quarter of of 2010
motivators then you have the advantage of pickingand show a small decrease in the 4th quarter. Home
when the best time would be.sales would be at their highest in the 2nd quarter of
Nobody can tell you what will happen in the months to2010.
come. Depending on many factors that could influenceThis is typical of our markets for the most part in the
the housing market, mortgage rates, consumerU.S., Spring and Summer is when we see the most
confidence, existing homes that are for sale,action in real estate. With the tax credit available this
unemployment in the area, along with very localwould push most home buyers into the market at the
events.beginning of the year, to assure they make the April
The US Economic outlook can give us some30th deadline.