Real Estate
For many in the real estate world, it feels like a number of buyers, and sellers, have hit pause on their hopes of buying or selling a home. If you are ready to take advantage of the equity in your home, the chances of someone looking to buy your home may appear slim. Take heart! There are more buyers out there than many would have you believe.
Are People Looking To Buy Your Home?
Mortgage rates in recent years have been pricing mass amounts of people out of the market. While people are ready to move into their next home, looking for a buyer for your current house holds people back. No one wants to be stuck in limbo for an extended amount of time. The time to sell a home in California in February 2025 was 46 days, and buyers are coming out ready for their next purchase, and the numbers show it.
More Mortgage Applications
The number of people who are looking to start their home buying journey and apply for a loan has gone up. According to MBA, compared to the beginning of the year, applications are already up 37%! These are serious buyers, people willing to get their finances in order, paperwork set up, and apply for their mortgage. There are so many people taking the right steps to get into the home buying game.
Buyer Demand Is (slowly) Rising
Redfin takes information to create an index of buyer demand. Compared to late January, they show this index has gone up 3%. While that number may seem small, as we approach the spring and summer market, this bodes well for a build of momentum.
More People Are Showing Up
Compared to the beginning of the year, more people are physically showing up to purchase a home. Showing Index data shows that there are 13% more home showing now than there were at the beginning of the year. Spring is no doubt the busiest season for real estate, and this data shows the trend continuing.
Won’t Chance It? ASDM Homes Is Here
Good news may feel good until your home is the one sitting on the market longer than you thought.
Eric with ASDM Homes offers an easier alternative so sell your house fast in San Joaquin County. Cash offers can help you sell your house quickly, for a fair price, without the need for repairs or inspections.
If a cash offer is what’s right for you, Eric with ASDM Homes is here to help! We can give you a fair cash offer, help with all the legalities, and streamline the process to help get your home sold and cash fast! Contact Eric today to find out what you can get for your home and how quickly you can get that cash in hand!
