Homebuyers motivated nationwide MABA MassachusettsRealEstate FirstTimeHomeBuyers MaBuyerAgent

 Indicators of homebuying demand and activity are on the rise nationwide, according to a new report from Redfin. The brokerage site’s Homebuyer Demand Index hit its highest level in three months during the four weeks ended March 16. Google searches for “home for sale” were up ten percent from the same period in 2024, and touring activity was up five percent. With the weekly average thirty year fixed mortgage rate sliding to six point sixty five percent from six point seventy four percent a year ago and near its lowest level since mid-December, buyers are motivated.

 Redfin reported ninety four thousand one hundred and thirteen new listings nationwide in the four weeks ended March 16, marking a five point five percent annual increase, which boosted the total number of active listings eleven percent to nine hundred fifty three thousand eight hundred and fifty one. “Overall, it feels more like a buyer’s market than a seller’s market,” said Heather Mahmood-Corley, a Redfin Premier agent in Phoenix. “I’m telling sellers their home needs to look like a model house, and it probably needs to be priced lower than they think.”

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