Paused Your Moving Plans? Here’s Why It’s Time To Hit Play Again

It’s not really a surprise that 70% of buyers paused their home search last year. Maybe you were one of them. And if so, no judgment. Conditions just weren’t great.

Inventory was too low, prices were too high, and mortgage rates were bouncing all over the place. That made it really hard to find a home you loved – and could afford. And why sell if you’re not sure where you’re going to go?

The Market is Shifting: Here’s What You Need to Know

The thing is, the market is shifting. Now might be the time to hit play again on your moving plans. Here’s why:

1. The Inventory Sweet Spot

More homeowners are jumping back into their search to make a move this year. Builders are finishing more homes, creating a broader selection for buyers. This influx of inventory opens up possibilities – perhaps even the home you’ve been waiting for.

More homes in the market means more options for you when you decide to move! However, it’s essential to find the right balance:

• If you sell, you want to feel confident about finding your next home.
• You also don’t want an overwhelming amount of inventory that makes it drag out your sale.

Fortunately, current statistics show that you’re in a sweet spot. According to Realtor.com, inventory has jumped 28.5% compared to last year, yet it’s still below pre-pandemic levels in most markets. The graph below illustrates this point effectively:

The numbers reflect that while there are more homes to choose from, you won’t struggle to sell your current house if you collaborate with a skilled agent to ensure it’s priced right and prepared to impress potential buyers.

2. Solid Demand with More Options

As highlighted, increased inventory enhances the chances of finding a home that meets your needs without overwhelming competition in the market. But wait, there’s more:

Data from Realtor.com also confirms that inventory has been on the rise for 17 consecutive months. Experts, including Lance Lambert, Co-Founder of ResiClub, suggest that this upward trend is likely to continue.

“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,” says Lambert.

3. Timing is Everything

So, what does this mean for you? This might be the perfect time to sell. Your house could stand out more now than it will later this year when inventory rises even further. Waiting too long might mean joining a crowded market where distinguishing your property becomes a challenge.

Bottom Line

If you’ve been waiting for the housing market to give you a sign – it just did! Whether you’re looking to move up, scale down, or relocate entirely, this could be the best balance we’ve experienced in quite some time.

So, what’s holding you back from seizing this opportunity? Let’s talk through your options and explore what’s possible. Whether you're ready to take the first step or still have questions, I’m here to help you navigate this evolving real estate landscape.

Ready to discuss your moving plans? Contact me today for a personalized consultation, and let’s take that next step together!