Is Now the Right Time to Buy or Sell? Let’s Talk About It.
We always love keeping in touch with our real estate family—whether we’ve helped you buy or sell in the past, or you’re just staying connected for future plans. Our goal is to be a trusted resource whenever you need us, not just during a transaction.
We’ve been getting this question a lot lately: “Is this a good time to buy or sell a home?”
The short answer? It depends on you—your goals, your timeline, and your unique situation.
In this month’s video update, we talked about a recent podcast that dove into the market facts (not just the headlines), and how real estate decisions are more about personal timing than perfect conditions. Here are a few key takeaways we covered:
🏡 The Headlines Terrify—But the Data Clarifies
It’s easy to feel uncertain with so many dramatic headlines, but the full picture tells a more balanced story:
- 86% of people with a mortgage have an interest rate under 6%. That’s keeping inventory tight.
- 40% of homeowners own their homes outright—yes, completely paid off!
- Many homeowners are equity-rich, while consumer credit card debt is rising in today’s economy.
- Life events— like marriage, kids, job changes, or divorce—still drive people to move, regardless of market conditions.
📊 What About a Recession?
A lot of folks are wondering if we’re headed for one. But here’s some perspective:
Of the last six U.S. recessions, home prices went up in four of them. That’s why it’s important not to assume a recession automatically equals a housing crash.
🏠 Inventory Is Still Tight
We’re still seeing a low number of homes on the market, and the ones that are perfectly priced for their condition are selling—and often getting multiple offers. The reality is, the right home, priced right, will always find demand.
💡 You Don’t Need 20% Down
One of the biggest myths out there is that you need 20% down to buy a house. It’s simply not true. There are many loan programs available, and we can connect you with a trusted lender to explore your options.
Bottom Line: The Market Depends on Your Goals
Whether you’re thinking about buying, selling, investing, or simply staying put—it all starts with a plan.
Sit down. Think. Plan. Act.
If you’ve got questions or want to know what’s happening in your specific area, reach out. We have lots of additional stats, insights, and local updates we’d love to share with you.
📞 Give us a call or shoot us a message—we’re here to help!