09/25/2026
You can't time the housing market. There...I said it. If we could time the market, everyone would be sitting in their dream home with a mortgage below 5%.
There are a few key levers buyers wait on when it comes to timing, especially when cash isn't an option. Mortgage interest rates, inventory and pricing. You're led to believe you can time the market to get the perfect deal. The problem is that while you wait for one of the market levers, the others change. So while you've been waiting for prices to drop, rates went up.
And don't forget the "advice" you're bombarded with. Your friends (who haven't moved in years) tell you to wait for the pricing bubble to burst or find a foreclosure. The investor who will advise you to just throw in a lowball offer because Sellers are desperate. That pushy agent who says that at 7%, it's only a few hundred a month difference. And the endless stream of news that may not even reflect your local market.
The list goes on and let me tell you, I've heard it all. It's no wonder people step back and reconsider.
So here's the truth. Only you can determine when is the right time to buy your next home. When your life and your finances are ready, it's the right time. If you have a downpayment, have been pre-approved so you know what you can afford and your life is demanding more/less/different space, it's the right time.
Is 7% the number we would like for mortgage interest rates? No. But builders are offering incentives that may get it down to near 4% . Sellers will often do a buy down or pay closing costs that gives you additional money to put down, lowering your overall rate. There are smart ways to structure a deal in today's market and still get the home you want.
Forget trying to time the market. Only you know when it's the right time. And when you're ready, I'm ready to help.
