As Spring 2017 begins, we are seeing more homes coming on the market. This increase, at all price levels, is a welcome change than previously experienced so far this year. Is it just the Spring Selling Cycle or a change in mindset?
Sellers are seeing interest rates flucutate higher in the past few months, boding a possible pressure on buyers to buy sooner rather than later. If someone has been considering selling their home, they should seriously think about "making a move" this year. As price appreciation slows and interst rates increase, this could create a scenario for those homeowners to accept that now is time to sell. Those rising interest rates will affect them in the purchase of their next home, as well.
I guess the question to ask is "What are you waiting for?"