Lower mortgage rates are bringing buyers back.
Housing activity slowed last year as mortgage rates rose. The result was fewer offers and longer market times. Some homeowners paused selling.
However, rates are falling and buyers are returning. Mortgage applications rose 7% last week, according to the MBA.
This market shift could be your chance to sell your house if you've been unsure if anyone will buy it. Experts say spring buyers will return.
MBA, SVP, Chief Economist Mike Fratantoni:
NAR Chief Economist Lawrence Yun:
Moody's Analytics Senior Economist Thomas LaSalvia:
Freddie Mac Chief Economist Sam Khater:
Get your house ready to sell if you're thinking of moving. Let's talk about buyer demand and the best time to sell your house.
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