You’re not alone if you hit pause on your home search last year. With low inventory, sky-high prices, and unpredictable mortgage rates, it was tough to find the perfect home. But the market’s shifting, and it might be time to start searching again.
More Options, Better Balance
More homeowners are listing their properties, and builders are finishing new homes, giving you more options to choose from. According to Realtor.com, inventory has jumped 28.5% since last year, but it’s still below pre-pandemic levels in most markets. This sweet spot means you’ll have more homes to choose from without overwhelming competition for your current house.
Experts agree that inventory will likely continue to climb throughout the year. As Lance Lambert, Co-Founder of ResiClub, notes, "The fact that inventory is rising year-over-year... strongly suggests that national active housing inventory for sale is likely to end the year higher." This could mean your house stands out more now than it would later in the year.
Why Now’s the Time to Act
With more options, less chaos, and solid demand, the market’s in a great place. If you work with an agent to price and prep your home right, it should sell quickly. Whether you’re looking to upgrade, downsize, or relocate, this balance might be just what you’ve been waiting for.
The Bottom Line
If you’ve been waiting for a sign, this is it. The housing market’s given you a green light to make your move. So, what are you waiting for?
