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Published Date 3/4/2024

. Ever heard that joke about how you can buy a 5-course steak dinner in Podunk for $9.99, but when you wake up in the morning, you’re still in Podunk? (Apologies if the town you live in is actually named Podunk.) Such is the nature of buying homes in these here United States. Like when the February groundhog talks to us in his buck toothed little way, housing numbers poke their heads up every spring. According to Realtor.com’s Evan Wyloge, housing typically follows a seasonal pattern, hibernating during the colder months and heating up as temperatures rise. This explains why many homebuyers dive into the market right as summer begins. This year, however, that seasonal awakening seems to be happening a bit earlier than usual. “Certain parts of the country are already on the brink of an early bloom this spring,” says Wyloge. Of course, the data tells us everything. Wyloge inspected listing data from the past several years to find markets that see a surge in homes for sale earlier than the rest of the country: in March, April, and May. Then, from among the 150 largest metro areas, he compared the inventory in these three months with their annual low and high points, selecting the metros where these spring months are relatively the strongest. He discovered several metro areas that defy the national trend and start springing into action as early as March—right when inventory in the rest of the country is at its lowest point of the year, also indicating just what you might get for your money in 2024. Reach out for more! Realtor, TBWS

All information furnished has been forwarded to you and is provided by thetbwsgroup only for informational purposes. Forecasting shall be considered as events which may be expected but not guaranteed. Neither the forwarding party and/or company nor thetbwsgroup assume any responsibility to any person who relies on information or forecasting contained in this report and disclaims all liability in respect to decisions or actions, or lack thereof based on any or all of the contents of this report.

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