The housing market is heating up, and more buyers are jumping back in. If you've been waiting for the right moment to sell, this could be the sign you've been looking for.
Over the past few years, many potential buyers put their plans on hold due to rising mortgage rates and affordability concerns. But now, they’re adjusting to the market’s new normal—especially as mortgage rate forecasts indicate potential stabilization. As the National Association of Realtors (NAR) puts it:
“Home buyers seem to be getting over the shock of mortgage rates in the mid- to upper-6% range.”
And that’s great news if you’re thinking about selling. While we won’t see a sudden flood of buyers all at once, the ones actively searching right now are serious about making a move.
3 Signs Buyers Are Ready to Act
1. Mortgage
Applications Are Rising
According to the Mortgage Bankers Association (MBA), mortgage applications have
surged 37% since the start of the year. That’s a significant jump, signaling
that more buyers are getting pre-approved and ready to purchase.
2. Buyer Demand Is Picking Up
Redfin’s Homebuyer Demand Index shows a 3% increase since late January. While
it’s a gradual climb, it indicates growing momentum in the market.
3. More Home Showings
Data from ShowingTime reveals a 13% increase in home showings since the
beginning of the year. More foot traffic means more interested buyers—and more
eyes on your home could translate into more offers.
Why Now Is the Perfect Time to List
Activity in the housing market is expected to keep building as we enter spring—the busiest home-buying season of the year. With motivated buyers actively searching, listing your home now could put you in the best position to sell.
Bottom Line
As buyers return to the market, this could be your opportunity to do the same. Reach out to us to make sure your home stands out to serious buyers.
