Buyers: Don’t Wait for Rates to Drop — Wait for the Right Property

Every week, I hear it: “We’re waiting until rates drop.”
And I get it — mortgage rates have been a roller coaster, and no one wants to overpay. But here’s the thing… when rates do drop, the competition explodes. Suddenly, you’re not just buying a home — you’re battling ten offers for it.

The reality? The best time to buy isn’t when rates fall — it’s when the right property becomes available.

Rates can always be refinanced. But that perfect house in that perfect neighborhood? Once it’s gone, it’s gone.

And here’s what most buyers miss: when rates are higher, you have negotiating power — fewer bidding wars, more seller flexibility, and often better terms.

Smart buyers use this window to find the home they love and then refinance later when the market shifts. The ones who wait for rates to drop? They end up paying more for the same house when demand spikes again.

So if you’re sitting on the sidelines, consider this your nudge. The opportunity isn’t in chasing rates — it’s in recognizing value before the crowd does.

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Anthony Guetzoian
Broker/Owner, Century 21 Valley Properties
📞 818.266.1100 | Helping LA & Ventura buyers and sellers succeed for over 30 years