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Spring is in full swing, and the housing market is picking up. And if you’ve been wondering whether now is the right time to buy or sell, here’s the inside scoop on why this spring may be a great time to make your move.
1. There are more homes for sale
After a long stretch of tight inventory, the number of homes for sale is finally improving. According to recent national data from realtor.com, active listings are up 27.5% compared to last year. Look at the graph below and follow the green line for 2025. You can see even though inventory levels still haven’t returned to pre-pandemic norms (shown in gray), that number is higher than it has been going into the spring market over the past few years (see graph below): 
Buyers: this means you have more choices and can be more selective.
Sellers: with more homes available than in recent years, you’re more likely to find what you’re looking for when you move. Knowing that inventory is still below normal levels means there will be demand for your home when you sell it, too.
2. Home price growth is moderating
As inventory grows, home price growth is slowing down, which will continue into the spring market. This reason is because prices are driven by supply and demand. When there are more homes for sale, buyers have more options, so there’s less competition for each house. Rising supply and less buyer competition cause price growth to slow, but it should remain positive in most markets. As Freddie Mac says:
“In 2025, we expect the pace of house price appreciation to moderate from the levels seen in 2024 while maintaining a positive trajectory.”
And while prices aren’t dropping nationally, every market is different. Some areas are seeing stronger price growth, while others are cooling off or even seeing some price declines.
Buyers: the slower pace of growth means prices aren’t rising as quickly as before – and that’s a relief. Any home you buy now is likely to appreciate over time, helping you build equity.
Sellers: while prices rise, you might need to adjust your expectations. Overpricing your house in a more balanced market could mean it takes longer to sell. The key to attracting offers is to price your house competitively.
3. Mortgage rates are stabilizing
Over the past couple of years, one of the biggest hurdles for buyers has been high, volatile mortgage rates. But there’s some good news – overall, they’ve stabilized in recent weeks – and have even declined a bit since the beginning of this year. And while that decrease hasn’t been a big drop, stabilizing mortgage rates has helped make buying a home more predictable. According to Selma Hepp, chief economist at CoreLogic:
“With the spring homebuying season upon us, the recent improvements in mortgage rates may help invite homebuyers back into the market.”
Buyers: when mortgage rates are more stable, it’s easier to plan because you have a better idea of your future payment. But remember, rates will continue to be volatile. So, lean on your agent and your lender to ensure you know what the latest mortgage rate means.
Sellers: Slightly lower rates are stabilizing and encouraging more buyers to move forward with their plans. That’s good for demand when you’re planning to sell your house.
4. More buyers are returning
With more inventory, slowing price growth, and stabilizing mortgage rates, buyers are gaining confidence and returning to the market. Demand is picking up, and data from the Mortgage Bankers Association (MBA) shows an increase in mortgage applications compared to the start of the year (see graph below): 
Buyers: acting sooner rather than later could be smart before your competition heats up even more.
Sellers, this is excellent news—more buyers mean a better chance of selling your house quickly.
Bottom Line
Do you have questions about what the spring market means for you? Connect with The Aaronson Group and discuss how to craft your plan this season. Call 949-388-5194 or Email: info@previewochomes.com
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