Home Buyers Get Ready! A Seller's Surge is Predicted
Like most industries, the real estate industry experiences market fluctuations depending on the time of year. Spring has always been the busiest season for home buying and selling as warm weather encourages open houses, tours, and moving. However, the COVID-19 pandemic flipped the script in 2020 after homeowners were forced to stay put throughout the spring and summer. As a result, researchers expected real estate in 2021 to display a stabilization, but a new survey from Realtor.com® depicts just the opposite. As the buyer demand remains strong, sellers are choosing to list their homes this winter instead of waiting for spring, creating a seller’s surge in the market.