Buyers are Making Moves - Is Now the Time to Sell?

More people are stepping back into the homebuying market. If you've been waiting for the right time to make a move, this could 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 jumping back in. Why? They're adjusting to the reality that this might be the new normal—especially as mortgage rate forecasts suggest some stabilization.

Three Signs Buyers are Ready to 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 major increase and a clear sign that more buyers are getting serious about purchasing. Buyers securing financing now could be the perfect match for your home!

• Buyer Demand Is Growing – Redfin’s Homebuyer Demand Index shows a 3% rise since late January. While it’s not a dramatic spike, the steady increase signals that momentum is building.

• More Home Showings Are Happening – Showing Time reports a 13% increase in home tours since the beginning of the year. That means more buyers are actively searching, getting pre-approved, and ready to make offers. More foot traffic means more eyes on your home, which can lead to stronger offers.
  
  

What This Means for Sellers

If you’ve been on the fence about selling, this buyer surge presents a great opportunity. More buyers mean:

• Potential for multiple offers – More demand can lead to competitive bidding, possibly increasing your home’s final sale price.

• Faster sales – Homes tend to move quickly when buyer activity is strong.

• Less need for price reductions – When demand is high, sellers are in a better position to get closer to their asking price.

Is Now the Right Time to Sell?

Every homeowner’s situation is unique, but if you’ve been thinking about selling, it’s worth exploring your options now. The key is to prepare your home to attract eager buyers. Partnering with an experienced real estate professional can help you navigate pricing, staging, and marketing strategies to maximize your return.