{"id":4669,"date":"2023-01-26T05:30:17","date_gmt":"2023-01-26T11:30:17","guid":{"rendered":"https:\/\/nwiloanguy.com\/blog\/why-it-makes-sense-to-move-before-spring\/"},"modified":"2023-01-26T05:30:17","modified_gmt":"2023-01-26T11:30:17","slug":"why-it-makes-sense-to-move-before-spring","status":"publish","type":"post","link":"https:\/\/nwiloanguy.com\/blog\/why-it-makes-sense-to-move-before-spring\/","title":{"rendered":"Why It Makes Sense To Move Before Spring"},"content":{"rendered":"

\"Why<\/p>\n

Spring is usually the busiest season in the housing market. Many buyers wait until then to make their move, believing it\u2019s the best time to find a home. However, that isn\u2019t always the case when you factor in the competition you could face with other buyers at that time of year. If you\u2019re ready to buy a home, here\u2019s why it makes sense to move before the spring market picks up.<\/p>\n

Spring Should Bring a Wave of Buyers to the Market<\/strong><\/h4>\n<\/p>\n

In most years, the housing market goes through predictable seasonal trends in activity. Winter is typically a quiet point in the year, while spring sees a surge of buyers begin their search. And experts project that this year will be no exception.<\/p>\n<\/p>\n

Right now, buyer demand is low due to a combination of normal seasonal trends and a reaction to last year\u2019s rise in mortgage rates. But rates have started to come down since last November, which has more and more potential buyers planning to jump into the market. That means right now is a sweet spot if you\u2019re in a good position to buy, before more buyers reappear. Affordability is beginning to improve, but demand is still low \u2014 for now. Lawrence Yun, Chief Economist at the National Association of Realtors<\/em> (NAR), shares<\/a>:<\/p>\n

\u201c. . . expect sales to pick up again soon since mortgage rates have markedly declined after peaking late last year.\u201d<\/em><\/p><\/blockquote>\n

If you\u2019re ready to buy a home, right now is the best time to do so before your competition grows and more buyers enter the market.<\/p>\n

Today\u2019s Sellers Are Motivated<\/strong><\/h4>\n<\/p>\n

Low demand from buyers often means sellers are more motivated to work with you, and that can set you up to buy a home on your terms. In fact, sellers have been more willing to negotiate<\/a> this winter because there are fewer buyers in the market. According to a recent article from Forbes<\/em><\/a>:<\/p>\n

\u201c. . . sellers gave concessions to buyers in 41.9% of home sales<\/strong> in the fourth quarter of last year.\u201d<\/em><\/p><\/blockquote>\n

But keep in mind, the advantages buyers have this winter won\u2019t last forever. The competition you face could be greater if you wait until spring to make a move, and increased buyer demand means sellers will have less motivation to negotiate with you<\/strong>. Be sure to work with a trusted real estate professional to learn what you can expect in your local market right now.<\/p>\n<\/p>\n

Bottom Line<\/h3>\n

\nIf you\u2019re in a good position to make a move, it may make sense to move before spring. Working with your team of expert real estate advisors is the best way to learn about the current market and what it means for you. Let\u2019s connect today to determine the best plan to achieve your homebuying goals.<\/p>\n

Source: New feed<\/p>\n","protected":false},"excerpt":{"rendered":"

Spring is usually the busiest season in the housing market. Many buyers wait until then to make their move, believing it\u2019s the best time to find a home. However, that isn\u2019t always the case when you factor in the competition you could face with other buyers at that time of year. If you\u2019re ready to […]<\/p>\n","protected":false},"author":1,"featured_media":4670,"comment_status":"false","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":{"facebook_10157519356927224_105287467588662":"","twitter_15771620_15771620":""},"rop_publish_now_history":[],"rop_publish_now_status":"pending","_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[1],"tags":[54],"class_list":{"0":"post-4669","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-local-info","8":"tag-100-financing","9":"entry"},"yoast_head":"\nWhy It Makes Sense To Move Before Spring—NWI Loan Guy Blog<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/nwiloanguy.com\/blog\/why-it-makes-sense-to-move-before-spring\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Why It Makes Sense To Move Before Spring—NWI Loan Guy Blog\" \/>\n<meta property=\"og:description\" content=\"Spring is usually the busiest season in the housing market. 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