Now Is a Good Time to Put Your Home on the Market
Spring is the season of new beginnings. As the winter chill recedes and temperatures rise, you may be wondering if the traditional peak of the spring real estate market still rings true. Certainly, the past two years have been anything but typical. The pandemic
has shifted many patterns around the globe, but the real estate market remains stable. Spring is still an excellent time to put your house on the market.
Why now? Hope springs eternal, and the real estate market is no exception. Bright sunshine and fresh air bring people outdoors to tour homes, and the beauty of nature enhances the curb appeal of every home. Families often think of moving in spring so that summer can be leveraged to maximize the time to move before a new school year begins. With an increase in demand can come a rise in the number of offers and their dollar amounts. “Many of the elements that have made spring an excellent time to sell a home are still holding fast. There are several favorable factors contributing to the continued increase in demand: an uptick in savings, student loans in forbearance, and a huge
wave of millennials entering their prime homebuying years,” said Rainy Hake Austin, Chair of the Mlslistings Board of Directors.
The rise in remote work has also made its mark in the demand for a new home. And, although the “great resignation” is still making headlines, many people have kept their jobs and are eyeing stock market gains which translates to an increase in resources available to purchase a home.
Now is the time to get ready to list your home. Is
something holding you back? Check in with yourself to see what might be keeping you from putting your house on the market. Is it a fresh coat of paint? Addressing curb appeal? Make a list and start tackling those items. You’ll enjoy the feeling of getting it done
and you’ll be ready for an open house in no time.
Local realtors have their finger on the pulse of your community. With uncertainty around interest rates given inflation and the outbreak of war, now more than ever it’s vital to tap into their knowledge, expertise and insights to make the most of your valuable real estate asset. As Buds Begin to form and flowers start to bloom, take the time to think about buying or selling a home, with your Realtor® as your guiding star. Armed with Mlslistings data, your Realtor® can help you navigate the real estate market to make the most of springtime.