More Buyers Are Making Moves — Is It Time To Sell?
If you’ve been waiting for the right time to sell your home, this might be the moment you’ve been looking for. Buyer activity is picking up in San Bernardino County and surrounding areas, and the spring housing market is shaping up to be competitive.
Over the past few years, many potential buyers held off due to rising mortgage rates and affordability concerns. But now, buyers are adjusting to the current market conditions. Even with mortgage rates still fluctuating, demand is growing as people realize that waiting for a dramatic rate drop may not be realistic. According to the National Association of Realtors (NAR):
“Home buyers seem to be getting over the shock of mortgage rates in the mid- to upper-6% range.”
This shift in buyer mindset is good news for sellers. While we may not see a flood of buyers rushing in overnight, motivated buyers are actively looking, and the market is heating up. Here are a few key signs that now could be a great time to list your home.
3 Signs Buyers Are Ready To Make Their Move
Mortgage Applications Are Increasing: The Mortgage Bankers Association (MBA) reports that mortgage applications have been steadily rising, indicating that more buyers are taking steps toward homeownership. With the spring season historically bringing a surge of activity, this trend is likely to continue.
Local Buyer Demand Is Picking Up: In San Bernardino and Riverside counties, we’re seeing increased buyer interest in desirable neighborhoods. Open house attendance is growing, and homes that are priced correctly are receiving strong offers. Many buyers who were previously on the fence are now actively searching.
More Home Showings: Real estate professionals across the region are reporting an uptick in home showings. More buyers touring homes is a positive indicator that demand is strengthening. And more foot traffic often leads to more offers, especially for well-presented properties.
As we head into spring, the busiest season for real estate, this activity is expected to gain even more momentum. Many buyers prefer to move during warmer months, making now a great time to list your home and attract serious buyers.
Bottom Line
The increase in buyer activity presents a strong opportunity for sellers in San Bernardino County and surrounding areas. If you’ve been considering selling, now is the time to prepare your home for the market. Let’s connect and discuss the best strategy to position your home for success.
If the right buyer walked through your door tomorrow, would you be ready to sell?
