Don't miss your chance to join Carmen and Kerry Day of Cornerstone Home Lending for a FREE online class for homebuyers on September 26!
The housing market is shifting, and if you’ve been waiting for the right time to jump back into your home search, this is it! With interest rates dropping to their lowest point in over a year and a half, the stars have aligned to make this the perfect time to buy a home.
Mark Your Calendar: The Best Week to Buy Is Coming Soon
According to Realtor.com, the week of Sept 29–Oct 5 is set to be the best time for homebuyers this year. This week offers the perfect balance of market conditions that favor buyers, including more inventory, lower prices, and less competition. For buyers, this is the golden opportunity you’ve been waiting for.
Interest Rates Are at a 19-month Low
Mortgage rates have fallen below 6.5%, their lowest point in 19 months. Lower rates mean you can get more homes for your money or enjoy lower monthly payments, making our competitive market more approachable.
More Homes on the Market and Motivated Sellers
For the 10th consecutive month, the number of homes for sale has increased nationally, giving buyers more choices and negotiating power. Ralph McLaughlin, Senior Economist at Realtor.com, notes:
“The number of homes actively for sale continues to be elevated compared with last year and now sits at the highest since May 2020.”
Sellers are more likely to negotiate now, knowing they must compete for buyer attention. That puts you in a solid position to get a great deal.
Let’s Find Your Seattle Home
Join us for our FREE Zoom homebuyer class! We will answer all of your questions and get you started on the path to homeownership.
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