<<< back to article list

Thinking about it?


Blog by Michele Monteith | April 30th, 2025


Thinking About Buying a Home?
Wondering if now's the right time? Here's what you need to know:
✅ More Homes Available – Inventory is up year over year, giving you more choices and less competition.
✅ Mortgage Rates Stabilizing – Rates are holding steady, with some experts predicting slight decreases by year-end. ​
✅ Home Prices Slowing – Price growth is expected to slow 2025, compared to 2024.
✅ Renting Costs Rising – If your rent keeps going up, buying might save you money in the long run. ​
✅ Build Equity, Not Just Rent – Homeownership helps you build wealth over time. ​
But is it the right move for you? Here are some signs you might be ready:
▪️Your rent is increasing.
▪️You have a solid credit score.
▪️Your debt is manageable.
▪️You can afford a down payment and closing costs.
▪️You've gone through a major life change.
▪️Your lifestyle is stable.
▪️You know what you want in a home.​
If you're financially ready and planning to stay for a while, buying now could be a smart move. Waiting might not guarantee better conditions later. ​
Ready to take the next step? Let's talk about your options. Give us a call today for a pressure free chat on your real estate goals.