This weekend every showing felt like an open house.
I spent Saturday showing homes to buyers with a solid budget and strong motivation to purchase this year. What surprised them wasn’t the homes—it was the number of people walking through them.
At nearly every property, multiple buyers were touring the home at the same time. Open houses were busy, and several homes were already discussing offers.
So what’s happening in the market right now?
Two forces are colliding.
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1. Interest rates have eased slightly.
Even a small drop in mortgage rates brings buyers back into the market. Many people who were waiting on the sidelines are now actively looking again.
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2. Inventory is still limited.
While buyer demand has picked up, the number of homes for sale hasn’t increased enough to match it. That means multiple buyers competing for the same homes.
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The result?
Some properties are receiving offers $30,000–$50,000 over asking price, which can be frustrating for buyers working within a disciplined budget.
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But a competitive market doesn’t mean buyers should abandon their strategy.
Successful buyers today focus on:
- Strong pre-approvals
- Acting quickly when the right home appears
- Writing clean, competitive offers
- Staying patient and persistent
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The right home is still out there. In competitive markets, preparation and strategy matter more than ever. If you contact us at www.SoldByWollersheim.com we’ll help you through the mouse maze of buyers and get your offer accepted. Sellers still want quality people in their homes and neighborhoods… let talk soon…we are here to help.
And for sellers, this activity is a clear signal: well-priced homes are attracting serious attention.
The spring market is already heating up.
Are you seeing more competition in your local housing market right now?
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cynthia@homesteadrealtyinc.com or go to our Website: www.SoldByWollersheim.com
