This weekend, most of us will be turning our clocks an hour ahead as we ‘spring forward.’ We may be losing an hour of sleep, but that doesn’t mean you should lose hope on finding a home you love. If you’ve been thinking about buying a home but haven’t seen anything on the market that checks off the list of everything you’ve been looking for, this spring might just be when your dream home hits the market. At the end of every year, we see a major drop in the housing inventory. Homeowners are less likely to sell in the winter months, and most closings happen before it gets too cold. The good news for you is that this encourages sellers to put their homes on the market after the new year when both the weather and the market start to warm up again!
We have seen the inventory climbing, and we expect spring to bring the biggest jump in available homes. So why should you buy now, if this is a yearly spring trend? According to CoreLogic, a leading provider for housing market statistics, home prices are projected to increase by 4.3% over the next year. If you’re thinking of waiting a few seasons, think again. Get a head start and beat the summer rush and higher prices.
Don’t wait to find your dream home – save some of your hard-earned money and call me. I’ll help you spend spring in your new house!