Forecasting the Spring Real Estate Market: Insights from Industry Experts

The current housing market has been experiencing a lot of changes, leading to uncertainty about what to expect in the coming months. Homebuyers and sellers may be curious about the possibility of more homes being listed, what the future holds for home prices and mortgage rates, and what advice industry experts have to offer.

To help provide some clarity, here's a summary of what industry experts are saying about the spring housing market and how it may affect you.

Selma Hepp, Chief Economist, CoreLogic:
We see more competition among buyers . . . Housing supply also tends to grow during the spring months. And this is also the time of year when relatively more migration happens, as people graduate and move elsewhere looking for jobs.”
Greg McBride, Chief Financial Analyst, Bankrate:
“I don’t expect big moves in prices in the span of a month, but like the flower buds of spring, the housing market is showing signs of improvement. A pick up in activity with inventory still low does bode well for home prices.”
Rick Sharga, Founder and CEO, CJ Patrick Company:
If you can find a home you love and can afford at today’s prices, don’t wait. Home prices in most of the country are unlikely to crash, and mortgage rates will only come down very gradually if they decline at all this year.” 
Jeff Tucker, Senior Economist, Zillow:
“The market is still much friendlier this spring for buyers who can overcome affordability hurdles, but buyers are going to see more competition than they might expect because there are not many homes on the market to go around. New listings are increasing, which they almost always do this time of year, but not nearly as quickly as usual.”

Bottom Line

If you’re thinking about selling your house, this spring’s a great time to do so while inventory is still so low. And if you’re in a good position to buy, lean on your team of expert advisors for the best advice. Whatever your plans, let’s connect to make sure you’re able to navigate the spring housing market with confidence.

1391 Properties
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$589,000
Neighborhood: Shadow Oaks Estates
3
Beds
2
Baths
1,975
Sq.Ft.
2001
Year Built
1
Day on Site
A4584151
MLS
THIS IS THE ONE YOU'VE BEEN WAITING FOR!! A MUST SEE, RENOVATED 3/2/2 in SOUGHT AFTER SHADOW OAKS ESTATES! This beautifully updated home with NEW Luxury Vinyl flooring throughout will welcome you...
$565,000
Neighborhood: South Gate
2
Beds
2
Baths
1,640
Sq.Ft.
1963
Year Built
1
Day on Site
A4581779
MLS
This is a remarkable retro property, central located on a quiet Street in South Gate. You know what they say, location, location, location. New roof and Garage door in 2021. This property has been...
$319,900
Neighborhood: Admirals Walk
2
Beds
2
Baths
1,112
Sq.Ft.
2002
Year Built
1
Day on Site
A4584022
MLS
You'll fall in love with this FULLY renovated 2 BR 2 BA with one of the few OVERSIZED ONE CAR GARAGES in the gated community of Admirals Walk. Just minutes to Siesta Key, this GORGEOUS naturally...
Open 9/30
5658 Woodland Sage Dr Sarasota,  FL 34238
$575,000
Neighborhood: Promenade Estates Ph I
4
Beds
2
Baths
1,839
Sq.Ft.
2020
Year Built
1
Day on Site
A4584221
MLS
Move-In Ready Home in Promenade Estates at Palmer Ranch! Why opt for the delays of new construction when this pristine residence in the sought-after Promenade Estates of Palmer Ranch awaits? Located...
Open 9/30
2440 E Scarlet Oak Ct Sarasota,  FL 34232
$515,000
Neighborhood: Colonial Oaks
3
Beds
2
Baths
1,774
Sq.Ft.
1986
Year Built
1
Day on Site
A4584052
MLS
Welcome to this charming 3-bed, 2-bath Colonial Oaks home with a fabulous serene pond view. This pond consumes the right side view of this lovely home so there are no properties built there and only...
$769,000
Neighborhood: Villagewalk
3
Beds
3
Baths
2,008
Sq.Ft.
2003
Year Built
1
Day on Site
A4583035
MLS
This one has that WOW factor. Enter the front door and take in the view through an almost 30 foot span of 8' sliding glass doors. With stunning lake and preserve views from most rooms, this...
Open 10/1
12465 Golden Sage Dr Sarasota,  FL 34238
$989,000
Neighborhood: Hammock Preserve Ph 2A & 2B
3
Beds
2
Baths
1,870
Sq.Ft.
2020
Year Built
1
Day on Site
A4584236
MLS
Introducing the epitome of luxury and tranquility with this exquisite 3-bedroom, 2-bathroom home nestled within the amenity-rich community of Hammock Preserve. Situated on one of the largest lots,...
$859,454
Neighborhood: Sunrise Preserve At Palmer Ranch
2
Beds
2
Baths
2,296
Sq.Ft.
2023
Year Built
1
Day on Site
T3476004
MLS
Under Construction. Discover the epitome of luxurious living in this meticulously crafted Dayspring floor plan, offering an expansive 2,296 square feet of pure elegance. Located in the coveted...
$775,000
Neighborhood: Sherwood Estates 2
3
Beds
2
Baths
2,362
Sq.Ft.
1960
Year Built
1
Day on Site
A4583345
MLS
Serene, timeless and updated spacious pool home overlooks an astonishing, picturesque Lake, boasting gorgeous Sunsets! The added attraction for this unique, Old Florida neighborhood boasts No Deed...
$849,877
Neighborhood: Sunrise Preserve At Palmer Ranch
2
Beds
2
Baths
2,296
Sq.Ft.
2023
Year Built
1
Day on Site
T3476066
MLS
Under Construction. Discover the epitome of luxurious living in this meticulously crafted Dayspring floor plan, offering an expansive 2,296 square feet of pure elegance. Located in the coveted...
$7,730,000
Neighborhood: The Ritz-Carlton Residences
3
Beds
3F11/2
Baths
3,798
Sq.Ft.
2021
Year Built
1
Day on Site
A4582298
MLS
A luxurious waterfront lifestyle near downtown awaits in this contemporary, elegantly appointed 3,798 sf 14th-floor condominium in The Ritz-Carlton Residences, Sarasota Bay. Completed in 2021, this...
Open 10/1
1330 Glen Oaks Dr E #365D Sarasota,  FL 34232
$184,500
Neighborhood: Glen Oaks Garden Apts 2
1
Beds
1
Baths
672
Sq.Ft.
1978
Year Built
1
Day on Site
A4583787
MLS
Welcome home to this immaculate turn key furnished 1 bedroom 1 bath, 3rd floor unit featuring countless renovations in the amenity rich Glen Oaks condominium complex. Upon entry you are greeted by...

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