“Dramatic improvement in interest rates, financial markets, and consumer confidence are leading to both buyers and sellers re-engaging to a much greater degree than in late 2023. The extent to which prospective sellers – many of whom held back from selling over the past 18 months – decide to list their homes will be particularly important to the supply and demand dynamics which underpin the market.”

Locally, we are seeing increased activity with new buyers entering an already aggressive market. Homes that present well and are priced right are receiving multiple offers, often with at least one cash offer.

As buyers navigate these markets, it’s important to:

✅ Be pre-approved

✅ Discuss the state of the market with your agent so that your offers can be competitive

✅ Identify your “must haves” vs your “like to have”

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