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2015 Spring Housing Market Starts Early!

Spring Housing MarketJust like our clocks this weekend in the majority of the country, the 2015 housing market will soon “spring forward”!  Similar to the tension in a spring, the lack of inventory available for sale in the market right now is what is holding back the market. Many potential sellers believe that waiting until Spring is in their best interest, and traditionally they would have been right. Buyer demand has seasonality to it, which usually falls off in the winter months, especially in the Greater Boston Area. This year is different. 2015 Spring Housing Market Starts Early!

A seasonal cycle shifted

Demand for housing has remained strong and is currently three times stronger than last year at this time. The National Association of REALTORS (NAR) recently reported that the top 10 dates sellers listed their homes in 2014 all fell in April, May or June. Those who act quickly and list now could benefit greatly from additional exposure to buyers prior to a flood of more competition coming to market in the next few months.

Bottom Line

If you are planning on selling your home in 2015, meet with Janet Porcaro, local real estate professional who specializes in the Great Boston Area housing market, to evaluate the opportunities in your market. Call Janet at 617-797-9497.