For lenders and producers, that mix of quicker sales and modestly higher inventory got here as mortgage rates hovered around 6% after briefly dipping below that threshold in late February, enhancing cost compared with 2025 however keeping payments raised by historic standards.
Recent data from Freddie Mac and other trackers showed 30‑year rates relocating a narrow band near 6%, a shift that experts said has actually drawn some buyers off the sidelines without activating a full‑blown surge in demand.
RE/MAX flags momentum but stresses rates discipline
“With spring on the horizon, we began to see the marketplace regain some momentum, particularly in how rapidly homes are selling,” said Chris Lim, president of RE/MAX.
Manchester, N.H., stood apart in the report as an early‑season hot spot, with homes usually selling in about three weeks and many closing at or above market price.
“In a market like Manchester, rates should be exact. When sellers price their home properly, it frequently produces more powerful need and can lead to offers above sale price,” stated Joe Beauchemin, broker/owner of RE/MAX Synergy in Bedford, N.H.