Is Your Home For Sale? It's 'Peak Week,' Researchers Say
Portfolio Pulse from Anthony Noto
According to Realtor.com, April 14-20 is the optimal time for selling homes, offering a peak week for sellers to maximize ROI, with listings getting 22.8% more views, homes selling 17% faster, and prices being 1.1% higher than the yearly average. The national median listing price could be $7,400 above the average week and $34,000 more than at the start of the year. ATTOM data suggests that May and June also offer high seller premiums. The Federal National Mortgage Association (Fannie Mae) reports improving consumer perceptions of homebuying and selling, with the Home Purchase Sentiment Index up 10.6 points year over year. Rising home prices may boost the value of real estate assets in ETFs like VNQ, SCHH, XLRE, and IYR.
April 15, 2024 | 8:32 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
iShares U.S. Real Estate ETF could see a boost in value from the positive trends in home prices and market sentiment.
IYR, by holding real estate assets, is likely to benefit from the positive trends in home prices and the overall optimistic market sentiment, reflecting in its asset valuation.
CONFIDENCE 75
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
Schwab US REIT ETF could experience a positive impact from the reported uptick in home prices and market optimism.
SCHH, which invests in real estate, stands to gain from the increase in home prices and the positive shift in market sentiment, enhancing the value of its holdings.
CONFIDENCE 75
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
Vanguard Real Estate Index Fund ETF may see increased value due to rising home prices and positive market sentiment.
VNQ, holding real estate assets, is likely to benefit from the reported increase in home prices and improved market sentiment, as it directly impacts the value of its underlying assets.
CONFIDENCE 75
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
Real Estate Select Sector SPDR Fund may benefit from the current real estate market conditions, including higher home prices.
XLRE's performance is closely tied to the real estate market's health, and the reported increase in home prices and market optimism should positively affect its asset value.
CONFIDENCE 75
IMPORTANCE 70
RELEVANCE 80