If you’ve been waiting for the right moment to buy a home, this spring could finally offer the opportunity you’ve been hoping for. Why? Two key factors are working in favor of buyers right now: a growing inventory of available homes and sellers who may be more open to negotiation. Here’s what that means for your home search.

1. More Homes on the Market Means More Choices

The number of homes for sale has been climbing, and February saw the highest inventory levels in five years. That’s a major advantage for buyers. More options mean a better chance of finding a home that meets your needs, whether it’s location, size, or budget.

And the trend isn’t slowing down. Housing experts predict inventory will continue to increase throughout the year. This shift in supply can also create additional benefits, like giving buyers more time to make decisions and reducing the pressure that often comes with a competitive market.

2. Sellers Are More Open to Negotiation

With more homes available, some sellers are adjusting their expectations. Properties that were initially overpriced may now be sitting on the market longer, leading to price reductions. In fact, the number of listings with price cuts has increased compared to recent years, bringing the market closer to pre-pandemic norms.

For buyers, this means more negotiating power. While not every seller will lower their price, many are becoming more flexible on pricing, closing costs, and even repair requests. This creates opportunities to find a home at a better value than we’ve seen in the past few years.

Let’s Find Your Perfect Home

If you’re thinking about buying this spring, now is a great time to take the next step. With more homes available and better negotiating opportunities, we can help you find the right home at the right price.

Contact Stuecher Manning Group today to start your home search. We’re here to guide you every step of the way!

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Source: keepingcurrentmatters.com