Why Now Is a Smart Time to Buy?

Two unique opportunities have lined up for buyers:
Lower Interest Rates – With rates down almost three-quarters of a point, a $500,000 mortgage costs $232 less per month than it would have just a short time ago. That’s nearly $84,000 saved over 30 years.

More Homes to Choose From – We’re seeing the highest inventory in 14 years, giving buyers more options, less competition, and greater negotiating power.

Opportunity to Build Wealth - Prices are up flat in Whatcom County and up 4% in Skagit year-over-year and if rates continue to soften, prices will rise.  Fixing your price now will lend itself to great, long-term equity growth.  In fact, homes in Whatcom County are up 54% over the last 5 years and up 127% over the last 10 years. They are up 56% in Skagit County over the last 5 years and up 144% over the last 10 years.

Find the house that best suites your life - Moves are brought on by life changes.  If you see yourself entering a new chapter, whether it is joy-filled or challenging, a purchase can help align your home with your life.  Pause to assess if now would be the right time to make a move and consider the advantages of the current market.

All of this means more affordability and more choices—a rare combination in real estate. Please reach out if you would like to learn more.  It is my goal to help keep my clients informed so they are empowered to make strong decisions.