A lot has changed over the past year, and you might be wondering what’s in store for the spring housing market.

If you’re planning to sell your house this season, here are two things you should keep in mind.

1. Houses That Are Priced Right Are Still Selling
Houses that are updated and priced at their current market value are still selling. The need to price your house right is so important today because the market has changed so much over the past year.
With a smaller pool of buyers today and more competition from other homes on the market, homesellers will likely need to adjust their price expectations in the market this spring.

2. Buyers Are Still Out There
As mortgage rates have risen and remain volatile, some buyers have pressed pause on their plans. But there are still plenty of reasons people are buying homes today.
For some buyers, higher mortgage rates simply means buying a home is out of the question unless home prices fall. For others, higher mortgage rates will be a hurdle but ultimately will not keep them from getting back into the market after sitting on the sidelines for months.
There are still clear opportunities for sellers this spring. If you’re wondering if it’s the right time for you to sell your home, contact me today. 📧