How Do Mild Temperatures Effect the Housing Market

We have had an unusually warm winter once we made it to February this year. This has made it easier for buyers to go out and tour homes more consistently since they have not had to be inconvenienced by inclement weather. Buyers having greater access to the limited supply of homes has kept any building up of housing inventory at bay. While housing prices leveled off a bit in the fourth quarter of 2023, the possibility of lower interest rates combined with the warmer weather should make the experiences of the 2024 Buyers will likely be similar to the experiences buyers had in 2023. Be sure to have a Realtor that you trust, accessible, and works around your schedule in order to get every advantage available to you while your out there on your home buying journey.