Lori Sanchez Realtor

March is here, bringing longer days, fresh beginnings, and the first signs of spring! With St. Patrick’s Day luck in the air and tax season reminders knocking, it’s also the perfect time to talk about real estate trends that could shape your next big move. Whether you’re looking to buy, sell, or invest, understanding the housing market could be your best strategy yet!

Here’s what you need to know:

✅ Mortgage rates are hovering around 6.68%, and showing signs of potential easing later this year.

✅ Home prices are up 3.8% year-over-year, meaning sellers still have an advantage while buyers face affordability challenges.

✅ Inventory is improving, offering more choices for buyers—but competition remains in hot markets.

✅ New construction is on the rise, helping to ease inventory pressures, but supply chain delays continue to impact completion timelines.

✅ Investors are watching closely as demand for rental properties remains strong, though increasing inventory could shift the balance in some areas.

With tax refunds rolling in and spring listings on the rise, March is a critical time to plan your next real estate move!

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Lori Sanchez, Realtor
Trinity Territory
817-938-0289
[email protected]