Housing Market Expected To Spring Forward This Year

Dated: 03/05/2018

Views: 67

Image title


Housing Market Expected To “Spring Forward” This Year

For Sellers, Move-Up Buyers

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.

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.

That hasn’t happened this year.

Demand for housing has remained strong as mortgage rates have remained near historic lows. Even with the recent increase in rates, buyers are still able to lock in an affordable monthly payment. Many more buyers are jumping off the fence and into the market to secure a lower rate.

The National Association of Realtors (NAR) recently reported that the top 10 dates sellers listed their homes in 2017 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 2018, let’s get together to evaluate the opportunities in our market.


Blog author image

Charles Juarez

With my expertise in realty for both buying or selling a home in San Antonio, and surrounding areas. You have found the right resource for your real estate needs. Whether you are looking for a new hom....

Latest Blog Posts

Your CLUE Insurance Report Matters

Your CLUE Insurance Report MattersBy: Mariwyn EvansPublished: August 11, 2016Your CLUE insurance report keeps your homeowners insurance claims alive for seven years--and that could cost you on

Read More

2018 San Antonio Fiesta Schedule

www.fiesta-sa.org/wp-content/uploads/2018/03/2018-Fiesta-Schedule-of-Events.pdf    For some reason this link is not working. Please goto Fiesta-SA.org to down load this schedule.

Read More

Apr 16 2018 51568 3

Making an Offer  Written by SABORA REALTOR® can help you find your perfect home, but only you can decide how much you are willing to offer for it. The

Read More

Apr 16 2018 51568 2

Deciding What You Need & Want Written by SABOR Some suggestions to help you prepare for your search Make a list of your needs and wants. Do you need an

Read More