More people are jumping back into the housing market, and if you’ve been waiting for the right time to move, this might be the sign you’ve been looking for.
Over the past few years, many potential buyers put their plans on hold due to rising mortgage rates and affordability concerns. But now, more of them are stepping back in. They’re adjusting to the reality that this may be the new normal—especially as mortgage rate forecasts suggest some 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 thinking about selling. While we’re not expecting a sudden surge of buyers, serious buyers are actively searching again. And the numbers back it up.
3 Signs Buyers Are Ready To Make Their Move
- Mortgage Applications are Climbing: According to the Mortgage Bankers Association (MBA), mortgage applications have jumped 37% since the start of the year. That’s a significant increase and a strong sign that more buyers are getting back into the market. Don’t miss out—serious buyers who are securing financing now could be the perfect match for your home.
- Buyer Demand is Gaining Momentum: Redfin’s Homebuyer Demand Index shows a 3% increase since late January. It’s not a massive jump, but it signals that interest is growing. Momentum is building—buyers are getting back into the market.
- More Home Showings: According to ShowingTime, home showings have increased by 13% since the start of the year. That’s exactly the kind of activity sellers want to see—it means more serious buyers are actively looking. More showings mean more eyes on your home, and that could lead to more offers.
And this momentum is likely to keep building. Spring is the busiest season in real estate, with more people buying and selling than any other time of year. If you’ve been thinking about listing your home, now is the perfect time to jump in and take advantage of the increased activity.
Bottom Line
As buyers make their way back into the market, this is your chance to do the same. With activity picking up, now is the time to take advantage of the momentum. Let’s connect to make sure your home gets in front of these motivated buyers!
