What Are the Experts Saying About 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 bod...