It’s officially the first day of spring, and with it comes anticipation of the spring selling season.
Realtor.com® economists had identified the national Best Time to Sell Week as April 12-18, but now it’s accompanied by economic uncertainty.
“The housing market is facing significant recent headwinds: Geopolitical tensions from the Iran war are pressuring gas prices and supply chains; mortgage rates are rising for a third consecutive week; and meanwhile, the Federal Reserve again signaled that future rate cuts are not imminent,” says Realtor.com senior economist Jake Krimmel.