Tuesday, September 13, 2022 / by Shane Kilby
Is It Time to Restart Your Home Search?
The market is shifting—is it time to search for your dream home?
Buying a home can be a struggle on a good day, and the market over the last few years has definitely not made it any easier. We had issues with low housing inventory and fierce bidding wars.
The good news is that things are starting to shift. Inventory is increasing, more homeowners are listing their houses, and the rising mortgage rates are moderating the market. This means buyers have more options when searching for their next home. The past bidding frenzy is cooling off and stabilizing our market.
If you’ve put your home search on pause because you were worried you wouldn’t find the right home or would get outbid, now might be the right time to jump back into the market. It won’t be easy—inventory is growing yet still low—but it won’t feel as impossible as it has in recent years.
Are you ready to get started on your home-buying journey? Reach out to me or one of my agents; let’s work together to explore your options and find your dream home. I look forward to hearing from you soon.