Housing Market Expected To Spring Forward

Dated: 03/09/2017

Views: 59

Housing Market Expected to “Spring Forward” | MyKCM

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.

The National Association of Realtors (NAR) recently reported that the top 10 dates sellers listed their homes in 2016 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 2017, let’s get together to evaluate the opportunities in our market.

Blog author image

Ernest Enriquez

Hi, my name is Ernest Enriquez owner/team lead of Elite Home Team. I am a dedicated agent who works hard for my clients whether your buying or selling. I'm here to make the process as stress free as p....

Latest Blog Posts


483SHARES437360100Saving for a down payment is often the biggest hurdle for a first-time homebuyer. Depending on where you live, median income, median rents, and home prices all vary. So, we set out

Read More

Latest NAR Data Shows Now Is A Great Time To Sell!

Let’s look at the data covered in the latest REALTORS® Confidence Index and Existing Home Sales Report.REALTORS® CONFIDENCE INDEXEvery month, NAR 

Read More

Whether You Rent Or Buy, Either Way You’re Paying A Mortgage!

There are some people who have not purchased homes because they are uncomfortable taking on the obligation of a mortgage. Everyone should realize, however, that unless you are living with your

Read More

Como El Aumento De Los Precios Lo Ayudar A Generar Riqueza Familiar En 2018

3.5KACCIONES 2.7K 117 0 24 578 En los próximos cinco años, se espera que los precios de las viviendas se aprecien en promedio un 3,35% porñ

Read More