09/17/2025
Please study the past!!!
History repeats in real estate. Everyone thinks it’s time to buy when rates START dropping.
However history says the feds don’t cut rates aggressively unless there is a recession. If that is the case unemployment rises, home prices dip, stock market dumps, and rates only get better.
I think the best time to buy won’t be this fall but sometime next year, maybe?
Here are the issues:
1. Inventory is still high, 5-6% interest rates aren’t going to get people that excited to move or sell.
2. If unemployment rises as we’ve seen and AI takes more jobs, where is the financial ability of these folks to buy? Without a stabilizing of the jobs market, you still have less buyers and more sellers
3. Wages are up barely while home prices almost doubled the last 10-15 years. There has to be a reversion, affordability is still an issue.
What could change this quick?
1. The administration removes property taxes and gives big incentives to buy a home.
2. The administration continues to push tax policy and write offs that benefit home buyers and investors.
3. The administration cuts capital gain taxes to zero or does a holiday on such for one time sales unlocking folks with equity.
What’s the bottom line? Reach out if you have questions. It’s time to have a real conversation about what to do coming up and what are your options. Contingencies will change and folks should be fluid as the markets adjust.
Ping me if you have any questions about buying or selling a home coming up in the next 18 months!
