5 THING TO KNOW BEFORE SELLINGYOUR HOME

Purchasing a home is one of the crucial financial choices you can make and the timing of it could significantly impact the price you end up paying. Recently, ATTOM, a provider of property data solutions,
unveiled its yearly report, which delves into the optimal timing for buyers to get the best value for their money.
In its analysis, ATTOM concentrated on days with a minimum of 15,000 sales of single-family homes and condos while excluding holidays, when purchases are minimal. By comparing the sales prices on these specific days with the median automated valuation model (AVM, a statistical database of real estate properties and transactions),

ATTOM pinpointed the periods when buyers are more likely to either overpay or snag a deal below market rates. Although buyers still are paying above the AVM in most cases, the following months offer some of the lowest premiums (compared with the 14.4 percent above AVM paid on May 28).