House Hunting Just Got Easier – Here’s Why

House Hunting Just Got Easier – Here’s Why

If you've been feeling stuck due to limited housing options in recent years, there's a positive shift happening. More listings are becoming available, which could make this the perfect moment to restart your home search. As Daryl Fairweather, Chief Economist at Redfin, puts it:

“Now is the best time to buy in the last two years. Mortgage rates are comparable to what they were two years ago, and prices remain high. However, there is significantly more inventory . . .”

The supply of homes for sale has increased from this time last year — and even more are expected to hit the market soon. While it’s normal to see a boost in activity during spring, here’s why this stands out:

Sellers are listing their homes at the fastest rate we've seen in quite some time.

New Listings Are Picking Up

In recent months, the volume of new listings — or freshly listed homes — has been on a consistent upward trend (see graph below):

In short, more homeowners are choosing to list their properties each month — whether they’re upgrading, downsizing, or moving to a new area. And that’s great news for the housing market.

Sellers who’ve been holding off are beginning to re-enter the market, which is boosting inventory levels and creating more opportunities for both buyers and those looking to make a move.

What’s even more encouraging is that it’s not just a monthly increase — there’s a notable rise compared to this time last year.

Realtor.com reports that new listings in March were up 10.2% year-over-year, marking the most active March for new listings since 2021 (see graph below):

If you’ve been holding off on your home search because of limited options, this could be the opportunity you’ve been waiting for – more listings mean more chances to find a home that checks all your boxes.

To stay ahead of the newest listings in your area, partner with a local real estate expert who can keep you informed and ready to act.

Bottom Line
Thinking about buying a home this spring? With fresh inventory on the rise, now’s a great time to start looking.

What features or neighborhoods matter most to you in your next home?