Time to buy
Every potential buyer I talk to asks, “The prices are dropping, aren’t they?”
I don’t see prices dropping yet. But buyers are very cautious, therefore, the inventory of houses for sale are staying on the market longer, thus more listings are now available to choose from.
This means if you are a qualified buyer, you finally have a choice. The last few years when houses sold in less than a day, the inventory was so low that you had no houses to choose from. Now that you can choose the house you want, and the interest rate has come down, doesn’t it sound like it is a good tme to buy?