Waiting for the
spring buyers' market may be a mistake this year.
It seems the purchasers are
already out and looking to buy.
A recent report by ShowingTime reveals how this year is different. Buyer activity is way up compared to the same time last year. The report explains,
The nation's 12.6% growth in home showings compared to 2018 was the most significant jump in buyer traffic during the current four-month streak of year-over-year increases. The West Region saw the greatest growth in activity, with a 23.1% jump – the region's greatest in the history of the Showing Index.
The increase has spread across all four regions of the country, as the graph below shows:
Many Sellers tend to be more reluctant to list during the colder time of year when the market typically makes a seasonal slowdown. However, with the data shown above, waiting to list your home until the Spring may not be the best strategy this year.
If you're ready to put your home on the market for sale, give me a call!
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