Is now the right time to buy?

Is It a Good Time to Buy a Home? Here's What You Need to Know Right Now

One of the biggest questions we’re hearing this spring: “Should I wait to buy, or jump in now?”

The answer depends on your goals—but here’s a quick breakdown of what’s happening with interest rates, housing inventory, and how it impacts your decision to buy.

1. Interest Rates Are Still Unpredictable

While we’ve seen some stabilization in mortgage rates compared to last year, they’re still higher than the ultra-low rates of 2020–2021. However, many experts agree that rates will remain in the 6–7% range through most of 2025, with possible slight decreases later in the year.

What this means:

Waiting might bring a slightly lower rate—but it could also mean more buyer competition and rising home prices. Locking in a rate now could save you from bidding wars later.

2. Inventory Is Rising, But Slowly

We’re seeing a modest increase in available homes this spring, especially in suburban and rural areas. New construction is also helping ease the shortage—but demand still outweighs supply in many markets.

What this means:

There are more homes to choose from than last year, but it’s still a competitive landscape. Being pre-approved and ready to act quickly gives you a serious edge.

3. Home Prices Are Holding Steady

Despite earlier predictions of a drop, prices have remained strong due to limited supply. Some areas are seeing slight appreciation, while others are holding steady.

What this means:

If you're buying for the long term, now is still a solid time to purchase. Trying to “time the market” often leads to missed opportunities.

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Bottom Line

If you’re financially ready and planning to stay in your home for at least a few years, buying now can still be a smart move. Waiting may not lead to a drastically better deal—and could mean paying more in the long run.

Let’s talk strategy. Whether you’re buying your first home or your fifth, we’ll help you navigate the market and find the right fit at the right price.