Why Is Now a Good Time to Buy?

Bron Realty Group - Michel Bron
5 days ago
2 min read

Despite chatter about affordability and rate hikes, today’s market dynamics favor prepared buyers, here's why...

1. Pronounced Buyer’s Market

Abundant Listings: Sellers now outnumber buyers by the widest margin since 2013, giving you leverage to negotiate price reductions or seller concessions.
Less Competition: With fewer bidding wars, you can take a more measured, data-driven approach rather than feeling rushed.

2. Elevated Inventory Levels

Variety & Choice: Active listings are at five-year highs, meaning more options across price points—so you don’t have to settle.
Room to Negotiate: Overpriced or stale listings have lingered, making some sellers more open to creative terms (rate buydowns, closing-cost credits).

3. Moderating Prices

Localized Corrections: Markets that spiked hardest—like certain Sun Belt metros—have pulled back 3–7% from 2022 peaks, unlocking neighborhoods that felt out of reach.
Potential for Further Softening: As more sellers adjust expectations, some areas may see additional price declines later in 2025.

4. Stabilizing Mortgage Rates

Paused Climb: Mid-6% 30-year fixed rates have held steady, rather than continuing upward—so locking in now avoids potential future spikes.
Refinance Potential: If rates dip into the low-6% range later, you can refinance and secure a lower payment.

5. Long-Term Appreciation & Diversification

Historical Upside: Real estate tends to appreciate ~4–5% annually (inflation-adjusted), and coastal markets like Santa Monica often outperform.
Hedge Against Rent Inflation: With rents rising faster than wages, owning a home can provide more predictable monthly housing costs.

6. Personal & Life-Stage Benefits

Lifestyle Alignment: If you need a stable school district, shorter commute, or a second-home retreat, today’s seller-friendly market makes timing easier.
Up/Down-Sizing Flexibility: Whether trading up or downsizing, you’re less pressured into rapid transactions and can better align moves with life goals.

Bottom Line

While no market is perfect, buyers in June 2025 enjoy the rare combination of choice, price flexibility, and rate stability. If you’re financially ready—pre-approved with a solid down payment—now is a smart time to lock in a home that meets your needs and long-term goals.