According to the National Association of Realtors® Existing Home Sales Report, existing home sales declined for two straight months in December and January. So, whereas winter might have been on the slower side for home sales, that’s about to change come spring.
Spring is always a hot time for real estate, but according to experts, this spring is going to be one for the record books. “It’s probably the most competitive spring housing season we’ve seen since right before the housing crisis,” said Tendayi Kapfidze, chief economist at LendingTree, in a recent Realtor.com article.
If you’ve been thinking about selling your home, now is the time to do it. A market like the one experts are predicting for this spring will create competition for property, thus driving up prices for your home.