This might be the year to put your house on the market, and here's why. A recent survey by NerdWallet found that 15% of people are looking to buy a home this year, which is the highest percentage recorded in their survey.

This is important because the percentage has stayed between 9-11% since 2020. This latest increase shows that buyer demand is still strong. In fact, it suggests there's a lot of pent-up demand that could return to the market soon.

That doesn’t mean we're going to see a massive influx of buyers like we did a few years back. However, it does indicate that there will be more activity this year compared to last.

Some buyers who paused their plans in recent years are ready to dive back in. Whether they’re feeling more assured about relocating, have finally set aside enough money to purchase, or just can’t hold off any longer, they’re looking to make a move this year.

According to the same survey by NerdWallet, over half (54%) of those looking to buy have already begun browsing homes online.

That's a solid sign that many of these buyers will be on the hunt during the peak homebuying season this spring. If you partner with the right agent to ensure your home is ready, fairly priced, and effectively marketed, you'll be able to showcase your house to those buyers.

Bottom Line

More people will be relocating this year, and with an effective strategy, you can ensure that your property is among the first they consider.