Rising Inventory Gives You the Upper Hand
If you’ve been sitting on the sidelines waiting for the right time to buy a home, this spring might just be your golden opportunity. Why? Two big reasons: inventory is up, and sellers are more open to negotiation. That means you’ve got more choices and more power than buyers have had in years. Let’s break it down.
More Homes on the Market = More Options for You
For the first time in five years, there are significantly more homes for sale heading into the spring market. According to Realtor.com, inventory has jumped 27.5% in the last year alone! More choices mean less pressure to settle for a home that doesn’t check all your boxes. Plus, with inventory expected to continue rising, finding the right place should be easier than it’s been in a long time.
And it’s not just about having more options—higher inventory also gives you more time to make decisions and helps keep prices in check. Danielle Hale, Chief Economist at Realtor.com, explains it best:
“Buyers will not only have more home options . . . but they are also likely to find somewhat lower asking prices and more time to make decisions – all buyer-friendly factors as we inch closer to the busy homebuying season.”
Simply put: this is the kind of market buyers have been waiting for.
Sellers Are Cutting Prices—That’s a Win for You
With more homes on the market, sellers who overprice their listings are finding themselves stuck. The result? More price cuts. Price reductions have increased compared to the past few years, bringing us back to a more balanced market where buyers have real negotiating power.
Think of it this way: for the last few years, sellers had the upper hand, dictating terms and driving up bidding wars. But now? Tables have turned. If a home has been sitting for a while, you may be able to negotiate not just on price, but also on closing costs, repairs, or even interest rate buydowns. While not every seller is open to major discounts, your chances of scoring a deal are much higher than they were just a year ago.
Bottom Line
If you’ve been holding off on buying, this spring could be your best shot in years. With rising inventory and more motivated sellers, you have a rare chance to find the right home at a better price—with less competition.
But remember, every market is different. The best way to navigate this shifting landscape is to work with a real estate expert who knows the ins and outs of your local area. Ready to explore your options? Call or text us today at 855-935-MORE to start your home search!
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