When’s the real estate window of opportunity closing?

by Jeremy on September 21, 2011

I’d bet $.87 (I’m cheap frugal) that every week for the last few years I’ve been asked some variation of the same question:

“When should I put my house on the market?”

Closing window of opportunity real estate 300x225 Whens the real estate window of opportunity closing?And every time my answer is the same … “when it’s ready.”  If I want to get crazy and mix it up I’ll say “when YOU’RE ready.”  But the general theme is always the same, a house is ready to go on the market when it’s/you’re ready.

There are strong arguments right now that say that NOW is the right time, however, and I agree with four of the five.  #2?  I just don’t know – we don’t have a lot of data that shows what our area’s doing with distressed properties.  If RealtyTrac’s to be believed, the window of opportunity for sellers is closing, which means that same window is opening for buyers.

My new advice?

“Put your house on the market when it’s ready/you’re ready, and don’t fall in love with a number.”  Sometimes the more important thing is #5, moving on.

Photo credit.

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