Blog > How Waiting Could Cost You in 2025
Many potential homebuyers are holding off on decisions due to the upcoming election and fluctuating interest rates. A recent survey reveals that 23% of buyers are waiting for the election results, while 70% are waiting for interest rates to drop.
However, if you're thinking of buying, consider getting into the market now, while there is less competition and more inventory. With home prices projected to rise through 2025, waiting could result in higher costs and fewer options. For sellers, While homes are still fetching fair prices, patience and professional advice are crucial to ensuring you get the best value for your property, especially as some buyers remain on the sidelines.
If you're unsure, consult with an expert to determine the right timing for your sale. If you have any questions about the market, interest rates, or need guidance, feel free to reach out!
Matt Farnham
Fiv Realty Co.
Lic # B.1000941
702-530-7289
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