With spring quickly approaching, now is the time of year when home buyers start getting serious about finding a house to buy. That means, it’s also the best time of year for homeowners who have been thinking about putting their home up for sale. With for-sale inventory low in many markets, it’s a good time to be a home seller. How good depends, however, on where you live. A recent analysis from SmartAsset looked at five factors important to home sellers and determined the nation’s best cities for selling a house. Using the change in median home values, average number of days a home stays on the market before selling, the percentage of homes that sold for a loss, average closing costs, and the number of real-estate offices per 1,000 residents, the analysis scored 161 cities across the country. Surprisingly, among the top 10 cities for selling a house, nine of them were in either Colorado or Texas – with Denver taking the top spot. The only city outside of Colorado and Texas to make the top 10 was Portland. However, the results do show favorable conditions across a wide geographic area. Cities from every region of the country made the list, from Boston, Mass. to Irvine, Calif., Lexington, Ky. to Charlotte, N.C. More here.
The Nation’s Best Cities For Selling A Home
