Housing Market To Spring Forward This Year

Dated: 03/10/2016

Views: 57

the kcm crew 3/9/16


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 nearhistoric lows.

The National Association of Realtors (NAR) recently reported that the top 10 datessellers listed their homes in 2015 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 2016, meet with a local real estate professional to evaluate the opportunities in your market.

Blog author image

Jason DePaz

Jason has been a real estate broker since 2005 and has continued to sharpen his skills to become one of the most outstanding agents in Portland. Working with Jason you will find that he is an excelle....

Want to Advertise on this Site?

Latest Blog Posts

Portland Active Foreclosures For Sale

Looking for the latest bankowned properties in Portland Oregon?  Click the picture for access to the list.;

Read More

What Are The Top Home Selling Tips

Selling a home for top dollar takes some work but is worth the extra effort.  If you think posting a sign and advertising it on the internet will get it done, you are incorrect.  Top

Read More

What Is Your Home Worth In Portland Oregon

Curious of what your home is currently worth?  I'll create a detailed report for you free and drop off a hard copy to your home.  Click on the link below, enter your info and receive your

Read More

Great Investment 1500000 1816ft2 Close In SE Portland Pocket Community Of Brand New Homes For Sale

$1500000 / 1816ft2 - Close in SE Portland pocket community of brand new homes for sale. The... 10 Bed )

Read More