Do you feel like 2022 is the best year to sell your house?

Would you like to learn some info that will help you decide whether or not to sell your property in 2022?

According to experts, the housing market will remain hot in 2022 but competition will somewhat moderate its prices.

The ongoing pandemic is another reason why the housing market is moving due to city dwellers wanting to find space in areas with low population density.

Obviously, there’s more it and I’m here to help you investigate further!

Should You Sell Your House in 2022?

Selling your home in 2022 is probably a good idea while home prices and demand are still plummeting.

It is reckoned that 5.6 million homes are expected to be sold in 2022 with a 13% increase in new home sales.

In other words, the housing market in 2022 is unlikely to crash making it a good time to sell your house.

Another reason for this is the continued lack of inventory – there are not enough homes for sale in the market. Although there has been a slight increase during the past months, housing inventory is at its low compared to the past.

In fact, the housing market is almost 4 million short in terms of meeting the need and demand concept. It is a major real estate obstacle that is less likely to change in 2022.

On the other hand, some experts believe that home value is expected to slow but prices will continue to spiral.

As you can see, home prices will still be aggressive than normal unless homeowners feel the need to bring their homes to the market to avoid foreclosure and rising mortgages.

When is the Best Time to Sell Your House?

So, when is the best time to sell your house?

Generally speaking, the best time to sell your home is around March. And July to maximize your profit!

Putting up your house for sale in March but no less than Labor Day is a wise idea based on historical trends.

Based on data, homes that are listed from March 11 to 18 sold quickly. Also, if you want to sell it for more than the asking price, April 22 is the best time!

Moreover, you should at least aim to list your home before September in time for the family to settle down due to the beginning of the school year.

It is also believed that October is the worst weeks of the year for selling your home as most houses sold within this month are less likely to get their asking price.

Always keep in mind the best time to sell your house depends on the market and the location of your home.

You should keep an eye on the market for quite some time for you to notice the pattern for the best time to sell your home.

Seasonality also affects the ideal time for selling a house – many people believe spring is the best time.

Of course, sell it when you’re ready. There are certain personal factors to consider such as lifestyle changes and financial benefits.

How to Sell Your House Quickly in 2022?

If your decision to sell your home in 2022 is final, here are a few tricks that can help you sell it quickly with profit gain:

  • Choose the right real estate agent. Find a pro to help you sell your house quickly. Be selective when choosing a realtor as you need someone knowledgeable in terms of marketing conditions, prices, and other factors that could affect your home’s selling price.
  • Price your home competitively. Compare your asking price with other similar properties in the area. Be sure to include selling points such as appliances or remodeling just done a few months ago. It is a kind of tactic that can help you convince a buyer quickly.
  • Be flexible when it comes to showing your home to potential buyers. Keep in mind to have an open schedule for viewing the house. You don’t want to destroy the potential buyer’s schedule.
  • Get the house in order. Selling a house requires a lot of work! If you want to save yourself from stress, get the house in order. Make sure everything is clean and the entire house is clutter-free. The aim is to make potential home buyers feel at home as soon as they enter your property.
  • Know the best months to sell your home. Your realtor knows the best time to sell your home. However, you should also perform due diligence to get an idea of the marketing trends.

In Summary

Based on the knowledge of housing experts, the housing market in 2022 will remain hot which means you can still gain profit if you want to sell your home.

Many people are looking to move to low populated areas due to the pandemic which contributes to the rise of housing demand in 2022.

The price of homes will continue to rise despite the slight decrease in value and that shouldn’t stop you from selling your home.

So, if you’re ready for a drastic lifestyle change or if you feel like there is a huge financial benefit to selling your home in 2022, don’t hesitate to put your property on listing!

Do you want to sell your home real quick?

Find a home buying company such as the House Guys! If you’re in Maryland, the House Guys also buy homes from Frederick.

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