Wondering if The Spring Market Ideal for Selling Your Home?

The short answer is yes…

Wondering if now’s a good time to sell your house? Based on how many homes are on the market, there are two big reasons why the spring market is a sweet spot if you’re looking to sell this year.

• Reason #1: Thanks to an uptick in inventory over last year, you’ve got more options for your next home.

• Reason #2: But there are still fewer homes for sale than there’d normally be, meaning your house should stand out and get a lot of attention from buyers which is a big leg-up for sellers.

Housing inventory is rising, but it’s still low enough to compete with other sellers..

According to realtor.com

“While the market has been stiff, sellers still have one big advantage: Housing inventory is low.

‘The housing supply is still well under the historical ‘balanced market’ number of six months’ supply. This lack of available homes means a property can still be the center of attention.’

A home “can fetch a quick offer if it is listed right now, in good condition and at the right price” 

Avoid competition by jumping in early into the spring market..

In recent months, high mortgage rates, rising home prices, and inflation have priced many buyers out of the market. But now, with mortgage rates finally dipping, experts predict some of those buyers will come out of hibernation, unleashing their pent-up demand on the few sellers smart enough to be on the market.

With more buyers will likely come more homes on the market, which “will inevitably lead to increased competition among sellers,” Allen says.

If sellers list now, they might be able to enjoy less competition before other sellers crowd the market.

The Bottom Line is, The Spring Market is a Sweet Spot and Could be the Perfect Time to Sell..

If you’re ready for an exciting change and want to star exploring the housing market, the first step is working with an experienced team to list your home. The spring market is a sweet spot if you’re looking to sell this year so if you’re ready to get the ball rolling on the process, let’s connect! Send us a message and me or a member of the Housley Team will help you get your home in front of the right buyers.