Because that’s about all you’ll save per month if mortgage rates drop from where they’ve been lately to 5.99%. Of course, that’ll give or take a bit based on your price point and the rate your lender quotes you.

Rates have already come down enough to save buyers almost $400 a month compared to what they would have spent on a typical home earlier this spring. So, waiting for that last tiny dip could mean missing your shot.

Because when rates do fall below 6%, mindsets will shift, and more buyers will get back in the market. That will create more competition for you. And it may drive prices high enough to cancel out the savings you’re waiting for.

So, is $80 a month really worth the wait? Let’s run the numbers for your price point in our market, so you can see exactly what you’re working with. The difference may not be as much as you think.

Let's connect to talk about what makes the most sense for you! CLICK HERE

The expert forecasts for the second half of the year show home prices are still forecast to rise nationally – just at a much slower pace. But that’s going to vary by local market. If you want to know what's happening with prices in our area, let’s connect.

Buyers are regaining a bit of negotiation power in today’s market. Buyers, knowing what levers you can pull will help you feel confident and empowered going into your purchase.

Sellers, having a heads up of what they may ask for gives you the chance to think through what you’ll be willing to offer.
Want to chat more about what to expect and the options you have? Let’s connect. 

Here are five things I will do when negotiating a home purchase for you.

1. Determine leverage. Leverage is based on local market conditions and other factors that can give a buyer or seller an advantage. As a licensed Realtor, I can provide insights and context.
2. Leverage comparable sales. As your Realtor, I have access to a wide database of homes in your area showing comparable sales sales prices, number “days on market” for similar homes, and much more. These numbers can be invaluable as we determine your bidding and negotiation strategy.
3. Respond immediately to counteroffers. When a seller responds to an offer with a counteroffer, it’s I will respond to it quickly. Before submitting your initial offer, I will discuss likely scenarios so you are ready to respond to counteroffers in best way.
4. Understand the terms of purchase. When your offer is accepted, I will review the purchase agreement with you. It's not unusual for sellers to include addendums and special clauses, and you will need to determine if these terms are deal-breakers.
5. Never cut out the “middle man.” It may be tempting to directly negotiate terms directily with the seller, but you don't want to forfeit sound advice for your best interest while the seller is still consulting with their listing agent to get the best terms.

Before you begin bidding or negotiating, let me serve as your Realtor –– a local expert who specializes in getting you the best terms and a smooth path to the closing table. Contact me when you’re ready to start.