If you've been waiting for the right time to buy a home, this spring could offer the opportunity you've been hoping for. With more homes on the market and sellers becoming more open to negotiation, buyers now have greater options and leverage than they've seen in years. Let's take a closer look at why this season could be the perfect time to make your move.

1. A Growing Selection of Homes

The number of homes for sale this February reached its highest level in the past five years, which is great news for buyers. According to the latest data from [Realtor.com](https://www.realtor.com), housing inventory has increased by 27.5% in just the past year.

Having more homes to choose from makes it easier to find one that fits your needs, and experts predict that inventory will continue to rise throughout the year. But the benefits don’t stop there. Danielle Hale, Chief Economist at Realtor.com, highlights the additional advantages of increased supply:

“Buyers will not only have more home options . . . but they are also likely to find somewhat lower asking prices and more time to make decisions – all buyer-friendly factors as we inch closer to the busy homebuying season.”

2. More Sellers Are Offering Price Reductions

With more homes available, some properties are staying on the market longer—especially those priced too high initially. As a result, sellers are becoming more willing to adjust their prices to attract buyers.

According to [Realtor.com](https://www.realtor.com), the number of listings with price reductions has increased compared to recent years. This shift signals that sellers are more open to negotiation, offering buyers a better chance to secure favorable terms. If you look at market trends from 2017-2019, you’ll see that today’s price adjustments are aligning with more typical market conditions, which is a positive sign for buyers.

For those in the market to buy, this means you may have greater negotiating power—not just on price, but also on closing costs and potential repairs. While not every seller will lower their price, more are open to discussions, giving buyers more leverage than they've had in quite some time.

Bottom Line

If you've been waiting for the right moment to buy, this spring could be the perfect time to take action. With more homes available and sellers willing to negotiate, buyers have an advantage that hasn't been seen in years.

Since every market is unique, working with an experienced real estate professional can help you navigate your options and make the best decision for your situation. If you're ready to explore your home buying opportunities or have any questions about the market, reach out to [Mike Panza and the team at Panza Home Group](https://panzarealestate.com/team/mike-panza) today.