Logo
Mary Carlton; ABR, SRS, GRI
Broker / Licensed in the State of Oregon Total Property Resources 547 SW 13th St., Ste 201 Bend, OR 97702 541-668-1632  |  541-330-0589

4
Mar

The Housing Market Will "Spring Forward" This Year!

The Housing Market Will "Spring" Forward This Year! | Simplifying The Market

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 has been holding back the market.

Many potential sellers believe that waiting until Spring is in their best interest. Traditionally, they would have been right.

Buyer demand has seasonality to it. Usually, this falls off in the winter months, especially in areas of the country impacted by arctic conditions.

That hasn’t happened this year.

Demand for housing has remained strong as mortgage rates have remained near historic lows. Even with an increase in rates forecasted for 2019, buyers are still able to lock in an affordable monthly payment. Buyers are increasingly jumping off the fence and into the market to secure a lower rate.

The National Association of Realtors (NAR) recently reported that in 2018 the top 10 dates sellers listed their homes all fell in April, May, or June.

Those who act quickly and list now, before a flood of increased competition, will benefit from additional exposure to buyers.

Bottom Line

If you are planning on selling your home in 2019, let’s get together to evaluate the opportunities in our market.

 

Blog Archives
Your Dedicated Agent

Mary Carlton; ABR, SRS, GRI

Broker / Licensed in the State of Oregon Mobile: 541-668-1632 Fax: 541-330-0589

Total Property Resources
547 SW 13th St., Ste 201
Bend, OR97702

I´m Here To Help

If you are ready to start your buying or selling process
give me a call at 541-668-1632 - I´m happy to answer all your questions.

Contact Me Today