2023 MARKET PREDICTION: THE EARLY BIRD GETS THE WORM
Prepare for a solid first quarter for sellers due to a lack of home supply.
- Many sellers spend the first few months of the year prepping their homes before going on the market, and new homes coming on the market gain speed in March, April, and May.
- On the other hand, buyers tend to come out sooner than sellers after the New Year.
- THE OPPORTUNITY: This leaves a few months for sellers to capitalize on the low inventory (aka less competition).