As spring emerges, the housing market sees a unique challenge in muddy regions such as the Northeast and parts of the West. Homeowners are advised to delay listings until June to align with increased buyer activity. Despite a rise in available homes, with the highest level since December 2019, properties are spending longer on the market and prices are stable. High mortgage rates pose challenges for buyers, yet opportunities exist in winter unsold properties. Experts suggest strategic buying and selling approaches to navigate the seasonal dynamics effectively.
At the same time, the typical home spent longer on the market and the median list price remained flat year over year, indicating a gradually improving environment for buyers.
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