More Buyers Are Making Moves — Is It Time To Sell?

Lately, more people are taking steps toward homeownership. If you've been waiting for the right moment to sell, this could be the sign you’ve been looking for!

For the past few years, many potential buyers held off due to rising mortgage rates and affordability concerns. But now, more of them are jumping back in. Why? Because they’re adjusting to the market and realizing that current mortgage rates may be the new normal.

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 flood of buyers, those who are in the market are serious about making a move.

3 Signs Buyers Are Getting Back in the Market

📈 Mortgage Applications Are Increasing
According to the Mortgage Bankers Association (MBA), mortgage applications are up 37% since the start of the year. This means more buyers are getting pre-approved and financially ready to make a purchase.

🔎 Buyer Demand Is Rising
The Homebuyer Demand Index from Redfin shows demand has increased 3% since late January. While this isn’t a huge spike, it’s a clear sign that buyer interest is growing.

🚪 Home Showings Are Up
Data from ShowingTime reveals that home showings have increased by 13% since the beginning of the year. More showings mean more eyes on your home, which could lead to more offers.

Why Now Is a Great Time To Sell

As spring approaches, buyer activity is expected to increase even more. This is typically the busiest season for real estate, as more people look to buy and sell. Listing now means you’ll have a better chance of attracting serious buyers before competition heats up.

Bottom Line

More buyers are entering the market, and you have the opportunity to take advantage of this renewed demand. If the right buyer walked through your door tomorrow, would you be ready to sell?

Let’s connect to discuss your options and make sure your home is in front of these motivated buyers!

Finding ways to make your credit score better could help you get a lower mortgage rate. When you’re ready to get the process started, let’s connect.