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Your Real Estate Resource!
  • Bast Real Estate
    • Who Are We
    • Meet The Team
    • What Our Clients Are Saying
  • Buyers
    • Buyer’s Guide
    • Community Links
    • Homes For Sale By City
    • Our Featured Listings
    • Temecula Home Inventory $450k>
    • Meadowview Equestrian Community, Temecula
  • Sellers
    • Seller’s Guide
    • What’s My Home REALLY Worth?
    • Short Sales
  • Real Estate Resource
    • Blog
    • MVP
    • Real Estate Videos…To Keep You In The Know
    • COVID-19 Resources
    • Our Preferred Vendors
    • Community Links
    • Your Southern California Referral Partner
  • Let’s Talk Real Estate – Contact
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Your Real Estate Resource!
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The Housing Market Will “Spring Forward” This Year!

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Jeff & Stephanie Bast,03/4/2019

Just like our clocks this weekend, in the majority of the country, the housing market will soon “spring forward!” Similar to tension in a spring, the lack of inventory available for sale has been holding back the market.

Many potential sellers believe that waiting until Spring is in their best interest. Traditionally, they would have been right.

Buyer demand has seasonality to it. Usually, this falls off in the winter months, especially in areas of the country impacted by arctic conditions.

That hasn’t happened this year.

Demand for housing has remained strong as mortgage rates have remained near historic lows. Even with an increase in rates forecasted for 2019, buyers are still able to lock in an affordable monthly payment. Buyers are increasingly jumping off the fence and into the market to secure a lower rate.

The National Association of Realtors (NAR) recently reported that in 2018 the top 10 dates sellers listed their homes all fell in April, May, or June.

Those who act quickly and list now, before a flood of increased competition, will benefit from additional exposure to buyers.

Bottom Line

If you are planning on selling your home in 2019, meet with a local real estate professional to evaluate the opportunities in your market.

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Bast Real Estate Sales & Consulting @ KW
27290 Madison Av Ste 200Temecula
CA 92590 | DRE Lic# 01411306
951.264.8360
951.264.8387
bastteam@bastrealestate.com

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