The New Spring Real Estate Market is Here. Are You Ready?
Which month do you think most people who are considering buying a home actually start their search? If you’re like most of us, you probably think the surge happens in the spring, likely in April. Not anymore. According to new research, January 2019 was only 1% behind February for the most monthly views per listing on realtor.com.
So, what does that mean? The busiest season in real estate has just begun.
The same research indicates,
“Historically, April launched the kickoff of the home shopping season as buyers would come out of their winter hibernation looking for their new home. However, the spring shopping season now starts in January for many of the nation’s largest markets.”
With the reality of fewer homes on the market in the winter, and that supply naturally increases as we head to the spring market, waiting for more competition to list in your neighborhood this year might put you behind the curve. Perhaps now is the time to jump into the market.
George Ratiu, Senior Economist at realtor.com says,
“As shoppers modify their strategies for navigating a housing market that has become more competitive due to rising prices and low inventory, the search for a home is beginning earlier and earlier.”
There is a lot of speculation in the market about why the search for a home is shifting to an earlier start. The one thing we do know is if you’re thinking about buying or selling a home this year, the earlier you get started, the better.
Reminder: When should you sell something? When there is less of that item for sale and the greatest number of buyers are in the market. That’s exactly what is happening in real estate right now.
Bottom Line
The new spring market for real estate is underway. If you’re considering buying or selling, let’s connect, so you have the advantage in this competitive market.
Steps to Take Between Mortgage Closing and Moving Day
After closing on your mortgage, follow this checklist to prepare for moving into your new home. Change your address with the Post Office and update utilities. Review your inspection report for necessary repairs and create a maintenance schedule. Deep clean your new...
Guide for First-Time Homebuyers
Buying your first house can be both exciting and overwhelming. Resources are available to empower you with the knowledge needed for homeownership. You can save up to $1,250, and if you find lower costs elsewhere, there are incentives. Local experts are available to...
Housing Market Predictions 2025
In 2025, the housing market shows slow stabilization with mortgage rates declining from near 7%, boosting buyer interest. Home sales remain sluggish but may rise 6% by year-end, while prices continue modest growth due to limited supply. Inventory has increased,...
What Mortgage Rate Will Get Buyers Moving?
A 6% mortgage rate could make homes affordable for 5.5 million more households, potentially unlocking major buying activity across key U.S. metro areas. NAR forecasts rates falling to 6% by 2026, possibly increasing home sales 14%. Current high rates and inventory...
Homeowner Equity Grows Even as Home Prices Dip
After 3 quarters of slipping, equity-rich homes finally ticked up in Q2 2025. ~50% of U.S. homes with mortgages are now equity-rich. Equity-rich = owing less than 50% of your home’s value. In just one quarter, equity-rich homes jumped from 46.2% to 47.4% nationwide....
Is a 31% Boom in Home Prices Possible by 2029?
US home prices ↑ 19.8% cumulatively from 2025 to 2029, averaging ↑ 3.7% annual growth. Annual growth accelerates to ↑ 10.8% by 2027, then reaches ↑ 19.8% cumulative increase in 2029. Optimistic forecasts predict up to ↑ 31% total growth by 2029, pessimistic as low as...
Happy Labor Day
Happy Labor Day! Labor Day is a day dedicated to honoring the contributions and achievements of workers and the labor movement. It marks summer's informal end in the U.S., as schools often start after the holiday. It offers a chance to ponder the historical...
8 Tips For First-Time Homebuyers
First-time homebuyers should follow eight essential steps: assess debt and ensure a manageable debt-to-income ratio, check and correct credit score errors, review budget for additional costs, determine down payment, get preapproved for a mortgage, identify desired...
2.25% Fed Rate: Coming by 2027?
Fed projects a 2% in rate cuts by end of 2027. Forecast: Fed funds rate to decline to 2.25%–2.50% by late 2027. Despite tariff-driven inflation bumps, slowing growth will push Fed to cut further. 10-year Treasury yield forecast to fall to 3.25% by 2028, down from 4.2%...
2025 Housing Forecast: Housing Prices up 3%
The experts forecast a 3% national housing price increase in 2025 due to limited supply. High mortgage rates discourage homeowners from selling, keeping supply low and supporting price stability.
