The warm sunny days of Spring mark the start of one of the busiest real estate seasons of the year. Sellers are eager to beat the competition to market and catch the attention of anyone looking to buy a house, while buyers are eager to find their forever home. EXIT Realty Nexus in Coon Rapids, MN, is the area’s leading real estate agency committed to helping locals and hopefuls reach their goals. They share some insight into why spring is so attractive to all players involved.

Increasing Home Values

Home values don’t fare well during the cold winter months because sales tend to suffer. When spring rolls around, sellers invest time and energy into interior renovations and projects that boost curb appeal. Freshly renovated homes attract a lot of attention and ultimately sell for a premium. As the prices increase, home appraisals follow suit.

Limited Supply & Increased Competition

Although interest rates are faring well, people looking to buy a house have fewer options to choose from. The limited supply tends to make spring a seller’s market. With so few homes available, buyers ultimately end up in a bidding war that drives prices to a premium. The competition continues all season long with some landing the place of their dreams, while others must wait until later in the year or the next season.

With a limited supply of homes in the spring, the real estate market experiences unprecedented levels of competition that keeps agents and sellers busy all season long. If you are looking to buy a house in Coon Rapids, MN, rely on the trusted team at EXIT Realty. Their agents will help you navigate the spring buying rush with ease and land the home of your dreams. Call (763) 757-3948 to schedule an appointment today, or visit them online for more information about valuations.