Now that we are nearly at the end of Q1, we can start to see the contours of the emerging spring market.
Supply is comparable to 2025 dynamics. However, a good flurry of early activity this year - paired with lowering interest rates in the first two months - helped kickstart 2026. Some homes that did not sell last year have come onto the market and had better results - although often due to listing for lower. The future of the market will be dictated by the degree of uncertainty and the volatility of interest rates.
Buyer demand is certainly out there and the market and rates will determine how much is unlocked! Our stagers report that they are having a very busy season! We look forward to the coming season.
Below you'll find some of our highlights for this month. If you would like a link to the full economic report, click here.
• A few of our buyers were able to snag pleasing rates in the mid-5.0 range, and now rates bobbing around and over 6%. Like the stock market, rates have become volatile.
• It's expected that demand will largely correlate with lowering interest rates.
• We're on pace for an active supply year. Whether this year will be as highs as 2025 is to be determined.
• The first quarter showed a spike in activity that we feel came from carry over from fall activity and the incentives from lower interest rates.
• This sets the table for a potentially active spring market.
• The conditions are present for a 2026 market that maintains or pushes up home values. At the same time, there is volatility and uncertainty in the US economy and world theatre that necessitates continuous tracking.
