Waiting Sounds Logical
If mortgage rates fall, buyers can afford more.
More buyers may enter the market.
That sounds good for sellers.
But there is another side.
Lower Rates May Unlock Sellers Too
Thousands of homeowners are holding mortgages far below current rates.
Some are reluctant to sell because they do not want to lose that financing.
If rates decline significantly, more of those owners may list.
That means the market could gain buyers and inventory simultaneously.
Today’s Low Inventory Can Be Valuable
If your property currently has very little competition, that can create leverage.
Waiting for a supposedly perfect market could mean giving up that advantage.
Do Not Try to Predict Interest Rates
Nobody consistently predicts rates accurately.
The decision to sell should start with:
Your goals.
Your property.
Current comparable sales.
Current inventory.
And your likely net proceeds.
The Bottom Line
Lower rates do not automatically equal a better selling market.
Sometimes limited inventory today is more valuable than hypothetical demand tomorrow.
Matt Woebcke
Senior Sales Associate
Vanguard Properties
415.553.0206
MattWoebckeRealEstate.com
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