Thinking of Buying a Home? Here’s Why Now Might Be Your Moment

Is This the Summer You Finally Buy a Home? Here’s Why It Just Might Be

If you’ve been holding off on buying a home — waiting for rates to dip, more listings to pop up, or just for things to feel a little less competitive — this might be the moment you’ve been waiting for.

Because the truth is, this summer may actually be the best time to buy in years.

Here’s why.

1. Buyers Finally Have Leverage Again

Remember 2021? You’d walk into an open house, and by the time you got back to your car, it had ten offers — all over asking. That was peak seller’s market.

Now? The script is flipping.

There are more homes on the market and fewer buyers competing for them. And that shift gives you something buyers haven’t had in a long time: negotiating power.

That means more wiggle room. You might get repairs covered, negotiate closing costs, or get a price cut — all things that were unthinkable a couple of years ago. As Lawrence Yun, Chief Economist at the National Association of Realtors, puts it:

“With housing inventory levels reaching five-year highs, homebuyers in nearly every region of the country are in a better position to negotiate more favorable terms.”

2. You Have More Homes to Choose From

More listings mean more options. And that’s what every buyer wants — choices. This May brought more new listings to the market than we’ve seen in any May since before the pandemic.

If you’ve been discouraged by slim pickings, this is a breath of fresh air. The odds of finding a home that fits your lifestyle, your budget, and your long-term goals are better now than they’ve been in years.

3. Sellers Are More Flexible on Price

Let’s be clear: we’re not talking about fire sales or major price drops across the board. But we are seeing sellers get more realistic — especially those who overshot on price out of the gate.

About 1 in 5 listings had a price cut this May. That’s a sign that sellers know buyers are back in the driver’s seat. You may not get a “steal,” but you’ll likely avoid a bidding war and might score a better deal than you could have even six months ago.

Bottom Line

This summer’s market gives you three rare advantages: more inventory, less competition, and more flexibility from sellers.

That’s a solid recipe for a smart, strategic home purchase.

So if you’ve been sitting on the fence, it might be time to hop off and start looking around. Because when the market gives you a window of opportunity — and this one’s wide open — the savviest buyers step through it.