If you've been waiting for the right time to buy, this spring could be the opportunity you've been hoping for. Why? Two key factors: more homes on the market and more sellers willing to negotiate. That means more choices and more leverage for buyers—something we haven't seen in years.
Let's take a closer look at why this matters.
1. More Homes, More Options
For years, low inventory has made homebuying a challenge. But that's starting to change.
This February, the number of active listings was higher than in any of the last five years. Realtor.com data shows inventory is up 27.5% compared to last year. That’s a major shift, and experts expect this trend to continue.
With more homes available, buyers have:
· A better chance of finding a home that meets their needs
· More time to make decisions, rather than rushing into an offer
· More negotiating power, since sellers know buyers have alternatives
Danielle Hale, Chief Economist at Realtor.com, puts it this way:
“Buyers will not only have more home options . . . but they are also likely to find somewhat lower asking prices and more time to make decisions – all buyer-friendly factors as we inch closer to the busy homebuying season.”
2. More Sellers Are Reducing Prices
With more competition, some sellers are realizing their homes won’t move unless they adjust their expectations. Price cuts are happening more often now than in previous years.
Looking at historical trends, we’re seeing a return to more typical price adjustment patterns—giving buyers a stronger position at the negotiation table. Sellers are more open to discussing price, closing costs, and even repair requests.
This doesn’t mean every seller is slashing prices, but it does mean buyers have more opportunities than they did even a year ago.
What This Means for You
If you’ve been on the sidelines, waiting for better conditions, now is the time to get serious. More inventory and a shift in seller expectations could give you the window of opportunity you’ve been waiting for.
Of course, every market is different. If you want to discuss what’s happening in Odessa, St. Pete, or surrounding areas, let’s connect. I’d love to help you strategize your next move.
Is this the spring you make your move? Let’s talk.
