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

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

More people are moving forward with home purchases. If you’ve been waiting for the right time, this might be your sign.  

Over the past few years, many potential buyers held off due to rising mortgage rates and affordability concerns. But now, more are jumping back in, adjusting to what seems to be the market’s new normal—especially as mortgage rate forecasts indicate stabilization. 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 planning to sell. While a sudden surge of buyers isn’t expected, more motivated buyers are actively resuming their searches. Here’s the data to back it up.

3 Signs Buyers Are Ready To Make Their Move

1. Mortgage Applications Are Increasing
   The Mortgage Bankers Association (MBA) reports a 37% rise in mortgage applications since the beginning of the year. This significant jump indicates that more buyers are actively preparing to enter the market.

2. Buyer Demand Is Growing
   Redfin’s Homebuyer Demand Index shows a 3% increase in demand since late January. While the growth isn’t drastic, it signals a steady upward trend.

3. More Home Showings
   ShowingTime data reveals a 13% rise in home showings since the start of the year. Increased foot traffic means more potential buyers viewing homes, which can lead to more offers.

As we enter the busiest real estate season, buyer activity is expected to keep rising. If you're considering selling, now is a great time to take advantage of the momentum.

Bottom Line
With buyers re-entering the market, this could be the perfect time to list your home. Let’s connect to ensure your house stands out to these motivated buyers.

Would you be ready to sell if the right buyer came along?