Spring is right around the corner, and if you’re thinking about buying or selling a home, you’re probably wondering what the housing market is going to look like this year. In January, existing home sales slowed due to cold weather, low inventory, and elevated mortgage rates. However, warmer weather and the end of the school year always brings an increase in real estate activity. The peak home buying and selling season is spring and early summer. If you’re thinking of buying or selling a home, now is the time to prepare. Let’s dive into the housing forecast and what it means for you!
Selling Your Home Starts Long Before the For Sale Sign Goes Up
There are a lot of questions between thinking about moving and actually putting a For Sale sign in the yard. Where will you go? What is your current home worth? How much equity do you have? Should you make repairs or updates before selling? Do you buy your next home first or sell this one first? These are exactly the conversations I like to have with homeowners well before they’re ready to list. Because in my experience, a successful home sale starts long before the For Sale sign goes up.
