Honestly, it’s no surprise that 70% of buyers hit pause on their home search last year. Maybe you were one of them — and hey, no judgment. The market just wasn’t in a great place.
There just weren’t enough homes out there, prices were sky-high, and mortgage rates were all over the place. It made finding a home you loved — and could actually afford — really tough. And honestly, why would you sell if you weren’t even sure where you’d go next?
But here’s the thing — the market’s starting to shift, and it might just be the right time to jump back in.
The Inventory Sweet Spot
More homeowners are getting back out there and starting their move this year. Plus, builders are finishing up more new homes. That means you’ll have more options when you’re ready to make a move — maybe even the one you’ve been holding out for.
More homes on the market means more possibilities for you.
But there’s more to it than just that. When you sell, you don’t want to feel stuck trying to find your next place. And at the same time, you don’t want so many homes on the market that it takes forever to sell yours. Right now, you’re in a sweet spot — the best of both worlds.
Let me break it down for you. According to Realtor.com, inventory has gone up 28.5% compared to this time last year — but it’s still lower than it was before the pandemic in most areas. And that’s exactly why this is such a sweet spot (check out the graph below):
Basically, you’ve got more homes to choose from when you’re ready to move, but not so many that selling your current place will be a hassle. If you team up with an agent to price it right and get it looking its best, your home should sell quickly.
More choices, less chaos, and plenty of demand — that’s what makes this the perfect sweet spot.
Here’s something else to think about: Realtor.com data shows that inventory has been going up for 17 months straight. And experts believe it’s probably going to keep rising through the rest of the year. As Lance Lambert, Co-Founder of ResiClub, puts it:
“The fact that inventory is rising year-over-year . . . strongly suggests that national active housing inventory for sale is likely to end the year higher.”
So, this could actually be the best time to sell. Your home might stand out more now, before inventory keeps climbing. Wait too long, and you could end up competing with a lot more homes later this year.
Bottom Line
If you’ve been waiting for a sign from the housing market — this is it. Whether you’re ready to upgrade, downsize, or move somewhere new, this could be the best balance we’ve seen in a long time.
What’s stopping you from making the most of this sweet spot? Let’s chat and see what options are out there for you.