More Buyers Are Entering the Market – Is It Time for You To Sell?
If you’ve been waiting for the right time to sell your home, this may be the sign you’ve been looking for. More buyers are stepping back into the market, and that could mean great opportunities for sellers like you.
Over the past few years, rising mortgage rates and affordability challenges made many would-be buyers pause their home search. But now, the market is shifting. Buyers are adjusting to current conditions, and with mortgage rates beginning to stabilize, more of them are resuming their home search. According to the National Association of Realtors (NAR):
"Home buyers seem to be getting over the shock of mortgage rates in the mid- to upper-6% range."
That’s great news if you’re thinking about selling. While we’re not seeing an overwhelming surge of buyers all at once, serious homebuyers are re-entering the market—and there’s solid data to back it up.
3 Signs Buyers Are Ready To Make Their Move
- Mortgage Applications Are on the Rise
The Mortgage Bankers Association (MBA) reports that mortgage applications have increased by 37% since the start of the year. This shows that more buyers are getting serious about securing financing—meaning they’re ready to purchase homes like yours. - Buyer Demand Is Growing
Homebuyer Demand Index reveals a 3% uptick in demand since late January. While this may not seem like a huge jump, it’s a clear indication that interest in purchasing homes is gaining momentum. - More Home Showings Are Happening
ShowingTime data shows a 13% increase in home showings since the beginning of the year. More buyers out viewing homes means greater visibility for your listing—and potentially more offers.
Spring: The Best Time To Sell
With buyer activity picking up, now is the perfect time to list your home. Spring is traditionally the busiest season for real estate, as more buyers and sellers enter the market. You don’t want to miss out on this prime opportunity.
Let Debbie and Angie Help You Sell Your Home
If you’re thinking about selling, REALTORS® Debbie and Angie are here to guide you every step of the way. With years of experience in the local market, they know how to position your home to attract serious buyers and get you the best possible offer.
Let’s connect today and take advantage of the growing buyer activity!
