Spring is in full swing, and with it comes a real estate market full of promise. If you’ve been wondering whether now is the right time to buy or sell, here’s why this season presents an exciting opportunity to take action.

1. More Homes Are Hitting the Market

After a period of limited inventory, the number of available homes is on the rise. According to recent national data from Realtor.com active listings have increased by 27.5% compared to this time last year.

Take a look at the graph below and follow the green line for 2025. While inventory levels haven’t fully returned to pre-pandemic norms (shown in gray), they are higher than they’ve been in recent years heading into the busy spring season.

For Buyers: More choices mean you can be selective and find a home that truly fits your needs.

For Sellers: A growing inventory also benefits you, as you’ll have a better chance of finding your next dream home while still attracting buyers for your current property.

2. Home Prices Are Stabilizing

As inventory increases, home price growth is naturally slowing, making for a more balanced market. Since home prices are driven by supply and demand, having more homes available means less competition, helping to moderate price growth. However, prices are still expected to appreciate in most markets. As Freddie Mac explains:

“In 2025, we expect the pace of house price appreciation to moderate from the levels seen in 2024, while still maintaining a positive trajectory.”

While national prices aren’t declining, different markets are experiencing varying trends. Some areas continue to see strong price growth, while others are leveling off.

For Buyers: Slower price increases offer a great opportunity to buy now and build equity over time.

For Sellers: While home values are still rising, setting a competitive price is key to attracting buyers in today’s market.

3. Mortgage Rates Are Becoming More Predictable

High and fluctuating mortgage rates have been a challenge for buyers in recent years. However, recent trends indicate stabilization, with rates even dipping slightly since the beginning of the year. While the decrease hasn’t been drastic, steadier mortgage rates are making the homebuying process more manageable. According to Selma Hepp, Chief Economist at CoreLogic:

“With the spring homebuying season upon us, the recent improvements in mortgage rates may help invite homebuyers back into the market.”

For Buyers: More stable rates allow for better planning and budgeting as you search for the right home. However, mortgage rates can still shift, so working with your agent and lender is essential to securing the best possible deal.

For Sellers: Lower, more stable rates are encouraging more buyers to enter the market, which is great news when listing your home.

4. More Buyers Are Entering the Market

With increasing inventory, moderated price growth, and steadier mortgage rates, buyer confidence is growing. Demand is picking up, with data from the Mortgage Bankers Association (MBA) showing a rise in mortgage applications since the start of the year.

For Buyers: Acting sooner rather than later can give you an advantage before competition intensifies further.
For Sellers: More buyers in the market increase the likelihood of selling your home quickly and at a strong price.

Bottom Line

This spring presents a fantastic opportunity for both buyers and sellers. With more homes available, price growth stabilizing, and mortgage rates leveling out, the market is creating favorable conditions for making a move.

If you’re wondering how these trends impact your real estate goals, reach out to Mike Panza and the team at Panza Home Group today. They’re ready to help you navigate the market and make the most of this exciting season!