Low supply in many areas keeps home prices from dropping significantly.
Values are stabilizing but staying high due to lack of sellers. is this the right time to buy a house
Rates remain higher than the pandemic-era lows, reducing overall buying power. Low supply in many areas keeps home prices
Whether now is the "right" time depends on your financial health and local market conditions rather than national headlines. Current Market Drivers can afford the monthly payment
You have a reliable job and a 3-to-5-year plan to stay put.
You have at least 3.5% to 20% saved, plus closing costs. The Risks of Waiting
Don't try to time the market perfectly. If you find a home you love, can afford the monthly payment, and plan to keep it for at least five years, it is usually a good time to buy.