4 Things To Expect from the Spring Housing Market

Spring is in full swing, and the housing market is picking up along with it. And if you’ve been wondering whether now is the right time to buy or sell, here’s the inside scoop on why this spring may be a great time to make your move.

1. There Are More Homes for Sale

After a long stretch of tight inventory, the number of homes for sale is finally improving. According to recent national data from Realtor.com, active listings are up 27.5% compared to this time last year.

Look at the graph below and follow the green line for 2025. You can see, even though inventory levels still haven’t returned to pre-pandemic norms (shown in gray), that number is higher than it has been going into the spring market over the past few years (see graph below):

Buyers: This means you have more choices, and you can be more selective.

Sellers: With more homes available than in recent years, you’re more likely to find what you’re looking for when you move. And knowing that inventory is still below more normal levels means there will be demand for your home when you sell it, too.

2. Home Price Growth Is Moderating

As inventory grows, the pace of home price growth is slowing down – and that will continue into the spring market. This is because prices are driven by supply and demand. When there are more homes for sale, buyers have more options, so there’s less competition for each house. Rising supply and less buyer competition causes price growth to slow, but it should still remain positive in most markets. As Freddie Mac says:

“In 2025, we expect the pace of house price appreciation to moderate from the levels seen in 2024, while still maintaining a positive trajectory.”

And while prices aren’t dropping at the national level, every market is different. Some areas are seeing stronger price growth, while others are cooling off or even seeing some price declines.

Buyers: The slower pace of growth means prices aren’t rising as quickly as before – and that’s a relief. Any home you buy now is likely to appreciate in value over time, helping you build equity.

Sellers: While prices are still rising, you might need to adjust your expectations. Overpricing your house in a more balanced market could mean it takes longer to sell. Pricing your house competitively is going to be key to attracting offers.

3. Mortgage Rates Are Stabilizing

One of the biggest hurdles for buyers over the past couple of years has been high, volatile mortgage rates. But there’s some good news – overall, they’ve stabilized in recent weeks – and have even declined a bit since the beginning of this year. And while that decrease hasn’t been a big drop, stabilizing mortgage rates has helped make buying a home a bit more predictable. According to Selma Hepp, Chief Economist at CoreLogic:

“With the spring homebuying season upon us, the recent improvements in mortgage rates may help invite homebuyers back into the market.”

Buyers: When mortgage rates are more stable, it’s easier to plan ahead because you have a better idea of what your future payment might be. But remember, rates will continue to be volatile. So, lean on your agent and your lender to make sure you know what the latest mortgage rate means for you.

Sellers: Slightly lower rates that are starting to stabilize are encouraging more buyers to move forward with their plans. That’s good for demand when you’re planning to sell your house.

4. More Buyers Are Returning

With more inventory, slowing price growth, and stabilizing mortgage rates, buyers are gaining confidence and coming back into the market. Demand is picking up, and data from the Mortgage Bankers Association (MBA) shows an increase in mortgage applications compared to the start of the year (see graph below):

Buyers: Acting sooner rather than later could be a smart move before your competition heats up even more.

Sellers: This is great news for you – more buyers mean a better chance of selling your house quickly.

Do you have questions about what the spring market means for you? Let’s connect and talk about how to craft your plan this season.

Earth Day Family Night Out

Celebrate Earth Day at Zoo Boise on April 11 from 6:00 pm to 8:00 pm MDT. Enjoy a guided tour, animal artifacts, Earth Day activities, and a chance to meet animal ambassadors after hours. Discover which animals come out to 'party' at twilight!

Admission is $8 per person.

The Capital City Public Market - OPENING DAY

Celebrate 31 years of the Capital City Public Market! Starting in 1994 with a small group of local vendors, they now have over 150 rotating vendors offering Idaho-crafted products. The 2025 season starts on April 19th and runs every Saturday from 9:30 a.m. to 1:30 p.m. until December 20th. Visit them in Downtown Boise at the Grove Plaza, located on the corner of 8th St. and Main. Shopping locally supports Idahoans, their families, and our community.

Boise Farmers Market

Visit the Boise Farmers Market every Saturday from April 5 to October, 9 a.m.–1 p.m. They are dedicated to supporting a regenerative, healthy food and agricultural system through their vibrant marketplace. Discover a wide array of locally grown and crafted products, including seasonal vegetables, fruits, locally raised protein, breads, pastries, honey, jams, sauces, fresh-roasted coffee, and ready-to-eat foods.

At the Boise Farmers Market, you'll find farmers you can trust and food you can trace. Don't miss out on the best of what's local and in season!

To view details and more information, 

click on the property listed below.

Sandpoint, Idaho, is a hidden gem that perfectly balances small-town charm with endless outdoor adventure. Nestled along the breathtaking shores of Lake Pend Oreille—Idaho’s largest and deepest lake—this scenic destination offers year-round beauty and recreation. In the winter, residents and visitors alike enjoy world-class skiing and snowboarding at Schweitzer Mountain Resort, while the warmer months bring opportunities for boating, fishing, and paddleboarding on the crystal-clear lake.

Beyond outdoor activities, Sandpoint boasts a thriving arts and culture scene, with local galleries, live music, and a strong sense of community. The historic downtown is lined with charming boutiques, cozy cafés, and award-winning restaurants, offering a mix of locally sourced cuisine and international flavors. Festivals and events, such as the renowned Festival at Sandpoint, bring the community together in celebration of music, art, and local craftsmanship.

With its welcoming atmosphere, stunning natural surroundings, and an abundance of recreational opportunities, Sandpoint is the perfect place for those seeking a peaceful retreat or an active lifestyle. Whether you're looking to relocate, invest, or simply visit, Sandpoint, Idaho, is a destination that truly has something for everyone.

208.789.4320