Spring is officially here, and the real estate market is starting to heat up. Whether you’re thinking about buying or selling, now might be the perfect time to make your move. Here’s why:
Inventory Is Rising, and So Are Your Options
After a long stretch of low housing inventory, we’re finally seeing more homes hit the market. In fact, Realtor.com reports that active listings are up 27.5% compared to this time last year. While we’re not quite back to pre-pandemic levels, buyers now have more options, and sellers are in a better position to find their next home. Demand remains strong, making it a favorable time to list.
Home Price Growth Is Slowing Down
With more homes available, competition among buyers is easing. That means home prices are still rising—but at a slower, more sustainable pace. According to Freddie Mac, this trend is expected to continue through 2025. For buyers, that’s a welcome break from steep price hikes. For sellers, pricing competitively will be key to attracting interest.
Mortgage Rates Are Holding Steady
After a few rollercoaster years, mortgage rates have begun to stabilize. While they can still shift, recent trends show more consistency—making it easier for buyers to plan their next steps. This stability is also helping more buyers reenter the market, which is great news for sellers looking to connect with motivated buyers.
Buyer Confidence Is Growing
We’re seeing an increase in mortgage applications, according to the Mortgage Bankers Association—an encouraging sign that more buyers are feeling confident and ready to make a move. Sellers can expect increased competition among buyers, which could lead to quicker offers.
Thinking About Buying or Selling This Spring?
With rising inventory, steady rates, and active buyers, now could be the right time to take the next step. Let’s talk about your goals and build a plan to help you move forward with confidence.