If you’ve been waiting for the perfect time to purchase a home, this spring could finally be your moment. With rising inventory and sellers becoming more negotiable, buyers are finding increased choices and better buying power than in recent years. Here’s why now might be the right time for you:

1. More Homes on the Market Means Better Choices

This spring, homebuyers are seeing significantly more properties available compared to previous years. Recent Realtor.com data reveals a 27.5% increase in home inventory compared to last year, offering buyers the most options we’ve seen in five years.

More options aren’t just about quantity; they’re also about quality. Danielle Hale, Chief Economist at Realtor.com, highlights additional benefits:

“Buyers will not only have more home options, but they’re also likely to encounter lower asking prices and greater decision-making time—creating a more buyer-friendly environment as we head into the peak homebuying season.”

2. Sellers are More Open to Negotiation

As inventory rises, some homes are staying on the market longer, prompting sellers to reconsider their initial asking prices. Realtor.com data shows an increase in listings experiencing price cuts, reflecting sellers’ willingness to be more flexible to attract buyers.

For you, this means more opportunities to negotiate. You could potentially secure a better price, favorable closing terms, or have sellers cover repairs or closing costs. While not all sellers are dropping prices, there’s certainly more openness to negotiation, providing buyers with leverage they haven’t seen in years.

The Bottom Line

If you’ve been waiting to jump into the real estate market, this spring could present the ideal opportunity. Rising inventory and more flexible sellers are creating favorable conditions for buyers.

Every local market is unique, and partnering with an experienced real estate professional can help you maximize these advantages. Ready to explore your options or start your home search? Let’s connect today.