Researchers at real estate data provider ATTOM examined about 51 million single-family and condo home sales over the past 12 years and found that those homes sold for the highest price in April, May and June.
Of those three months, sellers tend to get the biggest return in May — 13% above their area's median price.By comparison, homeowners who sold their properties in April and June typically see an 11% premium, while the percentage drops to around 7% between October and January, ATTOM said. Americans typically buy more homes in the summer than any other part of the year, averaging 5.1 million sold in June, 5 million in August and 4.9 million in July, according to ATTOM.
Timing exactly when to put up the for-sale sign might be even more critical this year as economists predict tough sledding for both buyers and sellers. Real estate agents expect house hunters to ramp up their efforts over the next few months, but sellers have been hesitant to list their property — deterred by the prospect of having to get a pricier mortgage following 10 straight interest-rate
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Researchers Discover Tequila Worm SpeciesThanks to numerous bottles of mezcal, tequila worms contributed to advancements in the field of lepidoptery.
Read more »
Researchers find Great Pacific garbage patch teeming with lifeScientists say one of the largest patches of pollution on the planet has become a substitute environment for dozens of species, generating questions about what this means for the ocean and the coast.
Read more »
Researchers find Great Pacific garbage patch teeming with lifeScientists say one of the largest patches of pollution on the planet has become a substitute environment for dozens of species, generating questions about what this means for the ocean and the coast.
Read more »
Researchers find Great Pacific garbage patch teeming with lifeScientists say one of the largest patches of pollution on the planet has become a substitute environment for dozens of species, generating questions about what this means for the ocean and the coast.
Read more »
Researchers find Great Pacific garbage patch teeming with lifeScientists say one of the largest patches of pollution on the planet has become a substitute environment for dozens of species, generating questions about what this means for the ocean and the coast.
Read more »
Trial Shows Some Relief for Long COVID Fatigue, Researchers SayIn a Phase 2 clinical trial of a potential treatment for fatigue associated with long COVID-19, people who received the medicine reported positive results over those receiving a placebo.
Read more »