When it comes to real estate, one truth never changes: timing matters. Buyers and sellers are always asking the same question — “Is now the right time to make a move?”
The answer isn’t always simple, because the best timing depends on both market conditions and your personal goals. In this guide, I’ll share insights about mortgage rates, inventory, and local Puget Sound trends so you can see the bigger picture.
And since it’s a big weekend here in Washington — between the Apple Cup rivalry and the Seahawks playing at home 🏈 — it feels like the perfect time to talk strategy. Because just like in football, knowing when to act makes all the difference.
Here’s the quick snapshot:
Mortgage rates are finally trending down a bit (around 6%–6.5% depending on your lender).
Home prices are pretty much holding steady — not skyrocketing, not crashing.
More homes are on the market than last year (so buyers have choices).
Sales are slower — people are being thoughtful, not rushing.
So, no, the market isn’t “crazy” like 2021 — but it’s also not snoozing. It’s more like a steady jog instead of a sprint. 🏃
Here’s the stuff that doesn’t always make it into the headlines:
The “sweet spot” homes are still hot. Well-priced houses in that middle range (around $500K–$1.25M here in the Puget Sound) are moving. The ultra-luxury stuff? Slower.
Buyers are serious — but picky. No more “10 offers in two days.” If a home is priced right and looks sharp, it sells. If not, buyers keep walking.
Listing in the fall can actually help. Less competition means your home gets more eyeballs. Plus, buyers shopping during the holidays usually mean business. 🎄
Tiny rate changes = big deal. Even a small dip in interest rates can save buyers hundreds a month — which suddenly makes that “dream kitchen” a real option.
Every neighborhood is its own universe. Renton is different from Newcastle, which is different from Snohomish. Local trends matter more than national headlines.
Buyers:
Don’t assume waiting until spring is better. More listings are coming… but so is more competition.
Get pre-approved now so you’re ready to pounce on a good deal.
Keep an eye on homes sitting a little longer — that’s where you can negotiate.
Sellers:
If your home is in good shape and priced right, now is actually a pretty sweet window.
Staging and presentation matter more than ever (yes, people still judge the photos).
Be prepared to negotiate — buyers are cautious, but motivated.
At the end of the day, there’s no one-size-fits-all “perfect” time to buy or sell — the right timing is when market conditions align with your goals. My job is to help you see the full picture and make a plan that feels right for you.
📞 If you’re thinking about making a move, let’s connect — I’d be glad to share neighborhood insights, run numbers, or simply talk through your options.
P.S. If you’re tuning in for the Apple Cup or the Seahawks at home this weekend, enjoy the games! 🏈 Just like football, real estate is all about smart strategy and knowing when to make your move.
Hey there! I’m Maureen, a community blogger and Real Estate Broker at American Classic Homes Real Estate in the Pacific Northwest. Here to help you find your perfect home and share tips on living your best life in the PNW. Let’s come home together to the Pacific Northwest!
