And it’s because despite the unpredictability of interest rates, there’s a significant wave of buyers eager to enter the market.
So why now?
A couple reasons
They want to buy before competition heats up.
They’re feeling more optimistic about home prices, ever since November 2023 (Source: Nanos Research).
They can afford it now, when they couldn’t last year.
And for some, it simply comes down to this:
They’ve spent years weighing a home purchase, saving for a down payment, and are excited about the possibility of lower rates. They want a housenow.
Hope this high-level view is helpful even if you’re not in the market.
ASK us at Timi REAL ESTATE
If you’re serious about buying a home in 2024 /2025, lets connect and develop a winning strategy.