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.
