For more information, please contact me at (512) 261-1542 or steve@LoneStarLending.com.
By G. Steven Bray
It used to be that the spring homebuying season was in, well, the springtime. According to Realtor.com, the seasons are a-changing. Homebuyers have started shopping earlier and earlier the last few years. In larger cities this year, the homebuying season may have already started.
This phenomenon is likely the result of the lower number of homes for sale over the last few years. That low inventory combined with rising home prices is leading home shoppers to get an early start. With housing inventory expected to reach record lows this year, Realtor.com says the trend towards early shopping should continue.
The company based its prediction on views of its Web site listings. Jan 2019 was only 1% behind Feb for the highest number of views per listing. That’s a huge change from 2015 when Apr was the top month, and Jan views lagged Apr by 16%.
So, if you plan to buy a home this spring, it’s time to start shopping.