{"id":5536,"date":"2025-03-18T10:30:00","date_gmt":"2025-03-18T10:30:00","guid":{"rendered":"https:\/\/sandpointrealtyidaho.com\/blog\/2025\/03\/18\/is-it-time-to-put-your-house-back-on-the-market\/"},"modified":"2025-03-18T10:30:00","modified_gmt":"2025-03-18T10:30:00","slug":"is-it-time-to-put-your-house-back-on-the-market","status":"publish","type":"post","link":"https:\/\/sandpointrealtyidaho.com\/blog\/2025\/03\/18\/is-it-time-to-put-your-house-back-on-the-market\/","title":{"rendered":"Is It Time To Put Your House Back on the Market?"},"content":{"rendered":"\n
\"Is\n

If you took your house off the market in late 2024, you\u2019re not the only one. Newsweek <\/em>reports that data from CoreLogic<\/em> and the Wall Street Journal<\/em> (WSJ) says nearly 73,000 homes were pulled from the market in December alone \u2013 that\u2019s more than any other December going all the way back to 2017 (<\/strong>see graph below<\/em>):<\/p>\n

\"a<\/a>Whether it was because offers weren\u2019t coming in, the timing around the holidays felt overwhelming, or they wanted to see if the market would improve in the new year \u2013 a lot of other homeowners decided to press pause, too.<\/p>\n

But now, with spring fast approaching, it\u2019s time to reassess. The market is already picking up, and waiting any longer to jump back in may only mean you\u2019d face more competition from other sellers down the road.<\/p>\n

Why Now Could Be the Right Time\u00a0<\/strong><\/h4>\n

Selma Hepp, Chief Economist at CoreLogic<\/em>, explains that some of those sellers may have pulled their listings late last year with the goal of trying again this spring:\u00a0<\/p>\n

\u201cAnother reason for a step back could be that sellers wanted to wait and see how spring home buying season goes, and if mortgage rates fall, which would bring more home buyers and competition back in the market.\u201d<\/em><\/p><\/blockquote>\n

That\u2019s because spring is when buyer demand is typically at its highest point for the year. More people start their home search once the weather warms up. They\u2019re eager to close on a home so they can move in during the summer. So, it\u2019s a great window for sellers. It means more buyers<\/a>.<\/p>\n

And while mortgage rates haven\u2019t fallen dramatically, they have come down some in recent weeks. Early signs<\/a> already show buyers are becoming more active as a result. Since January, demand has picked up \u2013 and that should continue as spring draws even closer.<\/p>\n

What To Do Differently This Time<\/strong><\/h4>\n

Start by checking the status of your listing agreement. Because even if you pulled your listing, you may still be under contract. And until your listing expires, your agent or brokerage is your best resource on what else you could try to get it sold. Realtor.com<\/em> offers this advice:<\/p>\n

\u201cIf you aren\u2019t sure of the status of your listing, whether active, expired, or withdrawn, take a look at your listing agreement and talk to your real estate agent.\u201d<\/em><\/p><\/blockquote>\n

If your contract is still active, now\u2019s the perfect time to reconnect with your agent to explore strategies to get your home sold this time around. If your contract has since expired and you\u2019re considering other options, reach out to a trusted real estate professional who can help you figure out where to go from here.<\/p>\n

Either way, take some time to reflect on your last experience. What held you back from getting it sold before? And what can you do to improve your chances this time around?\u00a0<\/p>\n

Be sure to include your current agent in this thought process. They\u2019ll give you an objective point of view and some advice based on what may have gone wrong last time, like:\u00a0<\/p>\n