09/17/2026
The Fed just bumped rates again, borrowing costs are stuck over 7%, and let’s be honest about Columbia right now: our market is soft.
The spring frenzy was nowhere to be found. Showings are down, mid-to-upper price points are lingering for 90+ days, and buyers have hit payment fatigue.
Here is the reality on both sides of the fence:
If you’re a seller: Pricing your home based on what your neighbor got two years ago is a fast track to becoming a stale listing. The days of throwing a sign in the yard and picking between five offers are done. If it isn't priced sharp and dialed-in from day one, buyers simply wait you out for a price drop.
If you’re a buyer: Yes, the monthly payment hurts compared to 2021. But for the first time in years, you hold the cards. Full inspection contingencies, seller-paid closing costs, and 2-1 interest rate buydowns are completely back on the table. No more waiving your rights just to get an offer accepted.
Are higher rates keeping you completely on the sidelines, or does having actual negotiating power make you want to jump in?
Drop your take below. 👇