The Market’s Changing — and It Might Be in Your Favor

If you paused your home search over the past few years, you’re not alone — and you’re definitely not out of options. With more homes available, prices stabilizing, and mortgage rates easing, buyers today have something they haven’t had in a while: choices.

Experts agree that affordability is finally improving. As Lisa Sturtevant, Chief Economist at Bright MLS, explains, slower price growth and slightly lower rates are creating new opportunities for buyers to step back in.

Inventory is also up — Realtor.com reports 17% more homes for sale compared to last year. Lawrence Yun, Chief Economist for the National Association of Realtors, notes that buyers are in the best position in over five years to find the right home and negotiate better terms.

While every market is different, the trend is clear: more homes and more flexibility. That means less competition and more room to find what truly fits your needs.

If you stepped away because the market felt too competitive or overwhelming, this could be your time to reenter with confidence. Working with a local expert can help you understand what’s happening in your area and prepare for when the right home comes along.

Bottom Line: This isn’t 2021 — or even 2023. It’s a new market, and you might be surprised by what you find. Let’s connect to talk about what’s happening here in Minnesota and explore your options today. Let’s chat about what’s happening in our area and figure out the perfect price for your home. With the right strategy, you’ll be on your way to “SOLD” in no time!

#mnrealtor #minnesotarealtor #mnrealty #mnrealestate #ChrissyJHomes

Chrissy J Homes Team