March 12, 2025
More Buyers Are Making Moves, Is It Time To Sell?
At Slater Realty Group we believe that more people are stepping back into the housing market, and if you’ve been waiting for the right time to sell, this can be your moment.
Over the past few years, many hopeful buyers put their plans on hold due to rising mortgage rates and affordability challenges. But now, more are returning, adjusting to what appears to be the new normal, especially as experts suggest mortgage rates may be leveling out. According to the National Association of Realtors (NAR):
“Home buyers seem to be getting over the shock of mortgage rates in the mid- to upper-6% range.”
That’s encouraging news for your plans to sell. While the market won’t see a sudden surge of buyer activity, there is a noticeable increase in serious, motivated buyers. These buyers are adjusting to the current market conditions and are ready to take the next step.
Signs Buyers Are Getting Ready to Act
- More Buyers Are Applying for Mortgages
A growing number of buyers are securing financing, showing they’re serious about purchasing a home. As more people get pre-approved, it’s a strong sign that demand is rising and the market is becoming more active.
- Increased Buyer Interest
Interest in home buying has been steadily picking up. More people are searching for homes, attending open houses, and reaching out to agents, indicating that buyers are regaining confidence in the market.
- More Showings Are Happening
Home tours and showings have noticeably increased, which means more buyers are actively looking. This surge in foot traffic suggests that people are ready to make a move, and if you’re selling, that means more potential eyes on your home.
This momentum is likely to continue, especially as we enter the peak home-buying season. Spring tends to bring the most real estate activity, making it a great time to list your home.
Bottom Line
With buyer activity on the rise, now is a great time to sell. Increased interest in the market means more opportunities to find the right buyer for your home. If you’re ready to make a move, Slater Realty Group is here to help. Jim Slater has the expertise and local market knowledge to get your home in front of serious buyers. Let’s connect and start the process today!
Contact Jim Slater at 612-590-1802 if you are ready to list your home.
Sooner or later, you’ll call Jim Slater!
Source
Coldwell Banker Realty
