"Good News for Homebuyers—It’s a Friendlier Market as Sellers Get Ready for Spring"
Posted by Grossman & Jones Group on
Realtor.com shares, "The much anticipated spring selling season is a few weeks away, and signs point to a friendlier market for homebuyers.
The share of consumers saying that now is a good time to buy was the highest in over a year, but still only at 24%. Meanwhile, the share of those saying that it’s a good time to sell remains high, at 62%.
On the one hand, this aligns with the data. The Realtor.com® weekly housing inventory showed that listing prices softened as new listings and active inventory growth both rose and homes took longer to sell. These are all signs consistent with a housing market shifting into buyer-friendlier territory.
At the same time, when the market is shifting and uncertain, it can be wise to home in on seasonal…
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