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When will rates come down?

Updated: Oct 19, 2023

The Real Estate industry is a cycle. Things can’t & won't stay the same forever, nothing does. This market will change. The question is, when?

Last year at this time the analysts were saying that rates would come down the 1st or 2nd quarter of 2023. They didn't.

They are now saying that rates are going to come down 1st or 2nd quarter of 2024.

The point is, no one really knows. We hope they come down the beginning of next year but what if it is the end of 2024 or even into 2025?

Your decision to buy shouldn’t be market based it should be need based. The market will do what it does. You buying a home should be because it is the right time for you.

Click on the "​Schedule A Meeting" ​link below so I can help you decide if now is the right time for you to purchase a home~

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Sarah Riley

The Riley Home Team ​

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