It's still a seller's market
Although summer could be considered a good time to buy a home, we're in a seller's market, experts say.
"The inventory of existing homes is relatively low," Crowe says, "so the buyers don't have a lot of choices."
Builders are starting to increase their inventories, however, so there's a bit more buying power in new homes, he adds.
The market could get a purchasing boost this summer as well.
"Housing should see a lot of sales as people try to move in before the school season begins and are trying to avoid the increase in interest rates," Reaser says.