Spring Forward

By
Real Estate Agent with Realty Executives Boston West 113011

 

 

Housing Market to “Spring Forward”

Housing Market to “Spring Forward” | Simplifying The Market

Just like our clocks this weekend in the majority of the country, the housing market will soon “spring forward”! Similar to tension in a spring, the lack of inventory available for sale in the market right now is what is holding back the market.

Many potential sellers believe that waiting until Spring is in their best interest, and traditionally they would have been right.  I beieve this is so true.

Buyer demand has seasonality to it, which usually falls off in the winter months, especially in areas of the country impacted by arctic temperatures and conditions.  Buyers are in the wings just waiting.

Once the switch is flipped and all the inventory comes on Oh boy!

That hasn’t happened this year.

Demand for housing has remained strong and is currently three times stronger than last year at this time.

The National Association of REALTORS (NAR) recently reported that the top 10 dates sellers listed their homes in 2014 all fell in April, May or June.

Those who act quickly and list now could benefit greatly from additional exposure to buyers prior to a flood of more competition coming to market in the next few months.

Bottom Line

If you are planning on selling your home in 2015, meet with a local real estate professional to evaluate the opportunities in your market.

 

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Topic:
Real Estate Market Trends
Location:
Massachusetts Norfolk County Needham

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Rainmaker
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Tim Lorenz
TIM LORENZ - Elite Home Sales Team - Mission Viejo, CA
949 874-2247

We are fortunate to live in sunny CA.  Our market took off in Dec. and is really going like we were in the summer months.

Mar 04, 2015 12:43 AM #1
Rainmaker
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Pat Laracy Baker
Realty Executives Boston West - Holliston, MA
Pat Baker Dream Home Maker

That is great Tim. I think the spring and summer will be rocking. :)

Mar 04, 2015 12:44 AM #2
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Rainmaker
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Pat Laracy Baker

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