If you’ve been thinking of selling it turns out the beginning of April provides a huge advantage for sellers. In April buyers flood the market with demand but most sellers wait until later in Spring and Summer to sell creating an asymmetrical market with more buyers and sellers for a month each year.
CNBC wrote this great article on the April Real Estate Market
See the graph below to see the drop in Time on Market in Portland where typically homes sell 33% faster in April than in March!
Nick Krautter is the author of The Golden Handoff: How to Buy and Sell a Real Estate Agent’s Business which debuted number one on Amazon for mergers and acquisitions. His goal is to teach real estate agents how to grow their business and to help them later retire and benefit from their years of hard work. For the last decade Nick has been a Realtor in Portland, Oregon, where he leads a team and frequently serves as a real estate expert for the media.