For a while, many would-be buyers hit the brakes on their home search. Rising mortgage rates and affordability concerns made the market feel out of reach. But guess what? That’s changing. More buyers are adjusting to the current market conditions and jumping back in. If you’ve been waiting for the right moment to sell, this could be the signal you’ve been looking for.
Buyers are starting to accept that mid-to-upper 6% mortgage rates might be the new normal. And with forecasts hinting at stabilization, confidence is building. 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 for you. While we’re not expecting a flood of buyers overnight, the ones who are actively searching are serious. So, if you’re considering selling, here’s some data to show why now could be your moment.
3 Signs Buyers Are Ready To Make Their Move
- Mortgage Applications Are Rising
The Mortgage Bankers Association (MBA) reports mortgage applications are up 37% since the start of the year. That’s a huge leap and a clear indicator that more buyers are getting pre-approved and financially ready to make offers. When serious buyers get their ducks in a row, sellers like you benefit. - Buyer Demand Is Increasing
Redfin’s Homebuyer Demand Index is up 3% since late January. While that might not seem like a massive jump, it signals growing momentum. Buyers aren’t just browsing—they’re getting serious. - More Home Showings
According to ShowingTime data, home showings are up 13% since the start of the year. More foot traffic means more eyes on your home, and more eyes often lead to more offers. If you’re thinking of selling, this is the kind of action you want to see.
Spring Is Prime Selling Season
It’s no secret—spring is the busiest time of year for the housing market. More buyers come out of hibernation, looking to find their next home before summer. If you list now, you’ll be positioning yourself to attract motivated buyers eager to make a move.
With more buyers jumping back in, now might be the perfect time for you to do the same. The increase in activity is something smart sellers will take advantage of. So, the big question is: If the right buyer walked through your door tomorrow, would you be ready to sell?
Let’s make sure your home gets in front of motivated buyers. Call or text us at 855-935-MORE today to get started!
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