
- calendar_month March 5, 2025
Spring is just around the corner, and with it comes a renewed sense of possibility – especially in the housing market. If you've been waiting for the perfect time to sell your home, this might just be the sign you've been hoping for.
Over the past few years, many potential buyers pressed pause on their dreams of homeownership. Rising mortgage rates and affordability concerns made the decision to buy feel out of reach for so many. But now, the tides are turning. More buyers are stepping back into the market, adjusting to what seems to be the new normal – with mortgage rates stabilizing and hope on the horizon. The National Association of Realtors (NAR) recently shared:
“Home buyers seem to be getting over the shock of mortgage rates in the mid- to upper-6% range.”
What does this mean for you as a homeowner thinking about selling? While there may not be an overwhelming surge of buyers all at once, motivated buyers are actively searching – and that’s a great opportunity for you.
Here’s what we’re seeing:
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Mortgage Applications Are Rising: According to the Mortgage Bankers Association (MBA), mortgage applications have increased by 37% since the beginning of the year. Buyers are taking the first step by getting their finances in order – a clear signal they’re serious about purchasing.
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Buyer Demand Is Picking Up: Redfin’s Homebuyer Demand Index reports a 3% rise in demand since late January. It may seem like a small bump, but it’s a sign of growing momentum.
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More Home Showings: ShowingTime data shows home showings are up 13% since the start of the year. That’s more feet walking through doors and more eyes on homes – and it could mean more offers for sellers like you.
As we head into spring, the busiest season in real estate, activity is only expected to increase. If you’ve been on the fence about selling, now is the time to take advantage of this renewed interest.
We understand that selling your home is more than just a transaction – it’s a journey filled with hopes, dreams, and new beginnings. If you're ready to make your move, we're here to guide you every step of the way. Let’s connect and talk about how we can position your home to stand out to motivated buyers.
Together, let’s make this spring a season of fresh starts.