Insights from the Pros: Expert Opinions on the Spring Housing Market

The housing market’s been going through a lot of change lately, and there’s been uncertainty surrounding what will happen this spring. You may be wondering if more homes will go on the market, what’s next with home prices and mortgage rates, or what the best advice is for someone in your position right now.

Here’s what industry experts are saying right now about the spring housing market and what it means for 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.

1352 Properties
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Open 3/3
1 Colony Point Dr #9B Punta Gorda,  FL 33950
$415,000
Neighborhood: Colony Point
2
Beds
2
Baths
1,581
Sq.Ft.
1972
Year Built
1
Day on Site
C7480014
MLS
$275,000
Neighborhood: Islander Point
2
Beds
2
Baths
1,114
Sq.Ft.
1974
Year Built
1
Day on Site
C7488913
MLS
$329,000
Neighborhood: Charlotte Ranchettes
3
Beds
2
Baths
1,739
Sq.Ft.
2024
Year Built
1
Day on Site
C7488958
MLS
Open 3/3
4284 Manatee Ln Punta Gorda,  FL 33980
$324,900
Neighborhood: River Club
3
Beds
2
Baths
1,756
Sq.Ft.
2021
Year Built
1
Day on Site
D6135243
MLS
$320,000
Neighborhood: Windmill Village
2
Beds
2
Baths
1,568
Sq.Ft.
2004
Year Built
1
Day on Site
C7488839
MLS
Open 3/3
25301 Big Leaf TERRACE Punta Gorda,  FL 33955
$509,000
Neighborhood: Heritage Lndg Ph Ii-A
2
Beds
2F11/2
Baths
1,850
Sq.Ft.
2023
Year Built
1
Day on Site
T3507920
MLS
$299,900
Neighborhood: Babcock National
2
Beds
2
Baths
1,194
Sq.Ft.
2022
Year Built
1
Day on Site
C7487435
MLS
$435,000
Neighborhood: Punta Gorda Isles Sec 20
3
Beds
2F11/2
Baths
2,345
Sq.Ft.
2005
Year Built
1
Day on Site
C7488681
MLS
$350,000
Neighborhood: Punta Gorda Isles Sec 20
3
Beds
2
Baths
1,832
Sq.Ft.
1993
Year Built
2
Days on Site
C7488760
MLS
$725,000
Neighborhood: Punta Gorda Isles Sec 11
3
Beds
2
Baths
2,140
Sq.Ft.
1981
Year Built
2
Days on Site
C7488847
MLS
$369,999
Neighborhood: Waterford Estates
2
Beds
2
Baths
1,510
Sq.Ft.
2018
Year Built
2
Days on Site
C7488808
MLS
$339,900
Neighborhood: Creekside Ph 3
4
Beds
2
Baths
1,686
Sq.Ft.
2014
Year Built
2
Days on Site
O6181183
MLS

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