"Timing the Housing Market: Insights from Celebrity Real Estate Agent Mauricio Umansky"

TL;DR Summary
Celebrity real estate agent Mauricio Umansky warns that high interest rates are keeping buyers and sellers stuck in a price rut, with a lack of supply contributing to inflated housing prices. Despite this, the third week of April is historically the best time to sell a home, as it offers higher buyer demand, lower competition, and fewer price reductions. Umansky advises sellers to take advantage of the spring and summer business, as most buyers are out during this time.
Topics:business#home-sales#housing-prices#interest-rates#mauricio-umansky#real-estate#real-estate-market
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- 3 ways to get a lower mortgage rate before the Fed's April meeting CBS News
- Homeowners hesitant to sell, enter new mortgage: Economist Yahoo Finance
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