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Is It Time to Put Your House Back on the Market? 🏡🌸

 



If you took your home off the market in late 2024, you weren’t alone. According to Newsweek, data from CoreLogic and the Wall Street Journal (WSJ) shows that nearly 73,000 homes were withdrawn from the market in December—the highest number for that month since 2017. 📉

Many homeowners pressed pause for various reasons: slow offers, holiday stress, or waiting to see if the market improved in the new year. But with spring just around the corner, now is the time to reassess. The market is already gaining momentum, and delaying your relisting could mean facing increased competition later. ⏳

Why Now Could Be the Right Time 🌷🏠

Selma Hepp, Chief Economist at CoreLogic, notes that many sellers may have withdrawn their listings last year with the intention of trying again in spring:

"Another reason for a step back could be the sellers wanted to wait and see how spring home buying season goes, and if mortgage rates fall, which would bring more home buyers and competition back in the market.

Spring traditionally sees the highest buyer demand of the year. As the weather warms up, more buyers begin their search, aiming to close and move in by summer. This surge in demand can work in your favor as a seller. 📈

While mortgage rates haven’t dropped significantly, they have declined somewhat in recent weeks. This slight shift is already prompting more buyer activity, a trend expected to strengthen as spring progresses. 🏡💰

What to Do Differently This Time 🔄

Before jumping back in, review the status of your listing agreement. Even if you withdrew your listing, you may still be under contract. Realtor.com advises:

"If you aren't sure of the status of your listing, whether active, expired, or withdrawn, take a look at your listing agreement and talk to your real estate agent."

If your contract is still active, reconnect with your agent to strategize a successful relaunch. If your contract has expired, consider consulting a trusted real estate professional to explore your next steps. 🤝

Reflect on your previous experience. What prevented your home from selling? How can you improve your chances this time? Work closely with your agent to analyze key factors:

  • Pricing Strategy 💲: Was your home priced too high? Your agent can help you reassess market trends and comparable sales to ensure a competitive price. A well-priced home can attract multiple offers and create buyer competition.

  • Marketing Approach 📸: Was your home staged effectively? Did you use high-quality photos? Even minor improvements—such as updated listing photos with fresh spring lighting—can make a significant impact.

  • Offering Concessions 🎁: Were you open to buyer incentives? As inventory grows, more sellers are considering concessions to sweeten the deal. If you weren’t flexible before, this may have been a missed opportunity.

  • Showings and Flexibility 🚪: Did your showing availability limit buyer interest? The more accessible your home is, the better your chances of securing an offer.

Bottom Line ✅

If your home didn’t sell last year, spring offers a fresh opportunity. With buyer activity on the rise, now is the perfect time to revisit your strategy. What will you do differently this time? Connect with your real estate agent to explore your options and make a solid plan for success. 🌿🏡

Whether buying, selling, or seeking valuable insights into the market, I'm here to be your trusted guide in the dynamic world of real estate. Feel free to contact me for a confidential discussion, where we can explore your goals, address any questions, and navigate the exciting path of real estate together. Your real estate journey is unique, and I am committed to providing personalized assistance tailored to your needs. Don't hesitate to connect. 


Dani | 734-623-9442 | dani@danihallsell.com

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