People ask this question almost every week.
The truth is, the best time to buy a house isn’t just about what the market is doing. It is about what makes sense for you. Still, there are signs in today’s market that make buying a home worth a closer look.
Inventory is finally improving after a few tight years. More homes are coming onto the market. This increase in housing inventories gives buyers more choices and more room to negotiate.
Price reductions are becoming more common in many areas. Sellers are realizing they have to be flexible.
Mortgage rates have settled down from recent highs. They are still higher than during the pandemic years, but they are showing signs of easing.
We are also heading into a time of year when fewer people shop for homes. Less competition can help buyers take their time and make better decisions.
Home prices are still high in many cities. Even with better inventory, affordability can be a challenge for some buyers.
The economy is steady but still uncertain in areas like inflation and household budgets.
Local market conditions can shift dramatically—even between nearby neighborhoods. One area may be slowing while another remains highly competitive. That’s why it’s essential to understand your individual home value, the trends specific to your community, and your true buying power before making any move.
If your finances are strong and you plan to stay in the home for at least five to seven years, this can be a good time to buy.
If you need more time to save, build credit, or get comfortable with monthly payments, prepare now so you are ready soon.
The real opportunity lies in being educated and prepared. Buyers who understand their numbers and know their local market make better choices and often get better deals.
These tools update automatically and give you an honest picture of the market, not just guesses or headlines.
For the right buyer, the answer is yes. The key is to understand your financial picture, the actual cost of waiting, and the local trends in your area. Perfect conditions rarely show up. Good conditions often do, and this period is shaping up to be one of them.
If you want help reviewing your numbers, exploring loan options, or understanding how this market affects you personally, reach out. I am happy to walk you through it step by step and help you make the best move for your future.
Do you have questions? We have answers and look forward to helping you and your family achieve your home ownership dreams.
Justin Toenjes (ten-yes) is a highly accomplished finance professional with a strong background in mortgage banking and a passion for helping individuals achieve their financial goals.
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Loan Officer – Justin Toenjes – LO Licensing: AZ -0912116, CO-Temporary Authority | NMLS-167048
Peoples Mortgage – 2055 E Centennial Cir, Tempe, AZ. 85284
LO Licensing: Kathi Alosi, AZ LO-0914249 NMLS-259189
Peoples Mortgage – 11201 N Tatum Blvd, Suite 140, Phoenix, AZ 85028
Company Licensing: Peoples Mortgage Company, A DBA of Moria Development, Inc. AZ 0904164 California – RMLA4130661, Licensed by the Department of Financial Protection and Innovation under the California Residential Mortgage Lending Act : www.peoplesmortgage.com/privacy-policy CO, Regulated by the Division of Real Estate FL-MLD1223 ID – MBL-2080006274 NV-4200 TX peoplesmortgage.com/license NMLS-6274
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