Homebuyer Update - Week of May 8th, 2025

Why It Might Feel Like the Right Time to Buy

Have you been thinking this might be a good time to buy? You’re not alone—and here’s why the market feels different right now:

More Inventory = More Choice: Listings are up, and the number of homes for sale is higher than it has been in years. Housingwire.com

Slightly Lower Rates: Mortgage rates have eased from last year’s highs, improving affordability, with many experts predicting further declines ahead. Mortgagenewsdaily.com

Less Competition: Serious buyers are facing fewer competing offers, making it easier to avoid bidding wars that were common in past years. Housingwire.com

If you’re planning to stay in your following home long-term, buying now could lock in today’s price before falling rates pull more buyers back into the market.

Let’s talk about how you can take advantage of today’s window of opportunity!