When is the Best Time to Sell Your Albuquerque Home?

When is the Best Time to Sell Your Albuquerque Home?

(Transcript Snippet): “Tego: Tracy, you sent out a, a video to a bunch of our people that subscribe to us. And, and you did, you know, when is the best time to sell your home? And this was about timing the market and you know what they say, you never time. The market never time the market and the stock market don’t time the market in the real estate market. I always say don’t time the market in real estate when you’re ready to sell, sell, if you’re ready to buy, buy, what do you say?

Tracy:

I say the same thing, right? Of course, you know, if you need to sell,

Tego:

You’re supposed to contradict me. You’re supposed to, you know, argue with me and tell me I’m wrong. I’m just, just trying to make good radio here.

Tracy:

Yeah. So, you know, obviously if it’s time to sell, it’s time to sell, but you know, Zillow came out with this report last week and we’re, you know, premier agents with Zillow and we appreciate their partnership. Their report came out and said the best time to be a home seller is April. And not just April. They, they went to the specific week of the best week of the year to put your home on the market, April 11th through the 18th. And they went so far as to say all year long, the best day of the week to put your home on the market is Thursday. So there you go. Tigo, we have this running discussion here in the, the office of the best day of the week to put your home on the market. I’m sure Zillow knows everything. So Thursday’s the best day.

Tego:

So what day would that be? This year? Thursday, April

Tracy:

I don’t know, 11th to the 18

Tego:

The look at the calendar here. Let’s see. So somewhere so Thursday, I’m gonna say Thursday, the 7th of April. How about, and I, and I’ll tell you why I say that is if you look at annual price changes. Yeah. If you look at, if you look at, in, in the Albuquerque market, when home prices peak out, cuz we do get a home price peak every year and it usually peaks out somewhere in may, June, right? You think about, okay, those homes that closed in may or June went pending in March,

Tracy:

March,

Tego:

April, April, April, right. Or April. So, you know, now’s the time. Right. You know, it really is. It’s it’s right now, if, if you are thinking of selling to, to get going on that and get, get the ball rolling.

Tracy:

So best number for us. 4, 4 8, 8, 8, 8, 8, pretty easy one. So just give us a call. If you wanna just know what your house might be worth, or if you need to know just for knowing what your equity is, so that if you might be able to get rid of your mortgage insurance, we’re happy to help.