There are more homes on the market than this time last year—the most we’ve seen since December 2019. It’s a step in the right direction, but there’s still not enough to meet buyer demand in many areas. We’re in spring’s busy season, so we’re seeing more folks put their homes up for sale, which could help balance out the market.

The average 15-year fixed rate went up slightly from March but is still just under 6%. That’s encouraging if you’re in the market to buy. But remember—you date the rate and marry the house. If you’re financially ready, don’t let a small rate change keep you from buying a home you love, because you can always refinance later.

Home prices went up a bit—which is typical for spring. This time of year, more families are house-hunting, and the busy buying season tends to roll into summer as people try to settle in before school starts. But don’t let that rush your decisions. We want your home to be a blessing, not a burden—so be sure you can afford the monthly mortgage payment before you buy.

Homes sold faster in April than they did in March—a trend that’s typical for spring. Still, sales are moving at a slower pace compared to this time last year. With more buyers hitting the market, it’s a great time to list—your home might be exactly what they’re looking for.