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Housing Market will Spring Forward 🌷

Alexis VanTilburg

Alexis VanTilburg is delighted to share her knowledge of marketing and social media at ALANTE Real Estate!  Alexis was introduced to marketing after ...

Alexis VanTilburg is delighted to share her knowledge of marketing and social media at ALANTE Real Estate!  Alexis was introduced to marketing after ...

Mar 12 2 minutes read

Just like our clocks this past weekend, in the majority of the country, the housing market will soon “spring forward!”  Similar to tension in a spring, the lack of inventory available for sale has been holding back the market.

Many potential sellers believe that waiting until Spring is in their best interest. Traditionally, they would have been right.

Buyer demand has seasonality to it. Usually, this falls off in the winter months, especially in areas of the country impacted by arctic conditions.

That hasn’t happened this year.

Demand for housing has remained strong as mortgage rates have remained near historic lows. Even with an increase in rates forecasted for 2019, buyers are still able to lock in an affordable monthly payment. Buyers are increasingly jumping off the fence and into the market to secure a lower rate.

The National Association of Realtors (NAR) recently reported that in 2018 the top 10 dates sellers listed their homes all fell in April, May, or June.

Those who act quickly and list now, before a flood of increased competition, will benefit from additional exposure to buyers.

Bottom Line

If you're planning on selling your home in 2019, schedule an appointment with us and let's get started! 

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