7 Excellent Reasons to List Your Home Between February and May, This Year.
1. There are pent-up buyers who waited to buy when interest rates hit a 23 year high.
2. Companies typically relocate employees in the first quarter, adding more potential buyers to the market.
3. The recent drop in interest rates is bringing more new buyers to the market right now.
4. Housing inventory is still low but expected to grow as we get further into the year, potentially meaning more competition.
5. Consumer confidence is up right now – we’ve seen that pivot quickly when market conditions change.
6. Prices tend to peak in late Spring/early Summer.
7. Market activity tends to slow in Q3 and Q4 of election years.
If you’ve been thinking about selling your home, there may be a window of opportunity for sellers in the first half of 2024.
If you’ve been thinking about buying a home, there may be more homes to choose from as more sellers decide to list. A balanced market benefits everyone! Even if now is not the right time for you to transact, I am always available to help you plan for your real estate future.
Call us if you want to talk about the current market and how it affects your financial and housing needs! (303) 803-6258