If you took your house off the market in late 2024, you’re not the only one. Newsweek reports that data from CoreLogic and the Wall Street Journal (WSJ) says nearly 73,000 homes were pulled from the market in December alone – that's more than any other December going all the way back to 2017 (see graph below):
Whether it was because offers weren’t coming in, the timing around the holidays felt overwhelming, or they wanted to see if the market would improve in the new year – a lot of other homeowners decided to press pause, too.
But now, with spring fast approaching, it’s time to reassess. The market is already picking up, and waiting any longer to jump back in may only mean you’d face more competition from other sellers down the road.
That’s because spring is when buyer demand is typically at its highest point for the year. More people start their home search once the weather warms up. They’re eager to close on a home so they can move in during the summer. So, it’s a great window for sellers. It means more buyers.
And while mortgage rates haven’t fallen dramatically, they have come down some in recent weeks. Early signs already show buyers are becoming more active as a result. Since January, demand has picked up – and that should continue as spring draws even closer.
Start by checking the status of your listing agreement.
If you aren't sure of the status of your listing, whether active, expired, or withdrawn, take a look at your listing agreement.
If your contract has expired and you’re considering other options, reach out to a trusted real estate professional, like us, who can help you figure out where to go from here.
Either way, take some time to reflect on your last experience. What held you back from getting it sold before? And what can you do to improve your chances this time around?
You want some advice based on what may have gone wrong last time, like:
If your house didn’t sell last year, spring may be your second chance. With buyer activity rising, it’s the perfect time to talk to us about coming back into the market with a fresh strategy.
What do you want to do differently this time around? Talk to us to go over your options and make a plan.
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