Should You Buy a Home Now or Wait Until Spring?

Should You Buy a Home Now or Wait Until Spring?

A Strategic Look at the Housing Market and Mortgage Rates 

As we move into the final stretch of 2025, many prospective homebuyers are asking the same question: Is now the right time to buy, or should I wait until spring? With mortgage rates showing signs of stabilization and inventory slowly ticking upward, the answer isn’t one-size-fits-all—but there are compelling reasons to consider making your move sooner rather than later. 

Current Mortgage Rate Trends  
Mortgage rates have cooled from their 2023 highs, meaning buyers can see increased borrower power. While not historically low, these rates are more favorable than last year’s peak and offer a window of opportunity for buyers. Industry experts predict only modest rate declines in the coming months, meaning waiting until spring may not result in significantly better financing options. 

Housing Inventory and Buyer Competition  
The real estate market is seeing a slow but steady increase in available homes. Sellers who delayed listing during high-rate periods are now entering the market, creating more choices for buyers. However, spring typically brings a surge in buyer activity, which can lead to increased competition and higher home prices. 

The Financial Impact of Waiting  
Delaying your home purchase could mean paying more later. Home prices are expected to rise modestly—around 2.3% annually—according to 2025 statistics from CoreLogic. Even a small increase in home prices or mortgage rates can significantly affect your monthly payment and long-term affordability. Prices may increase further if lower interest rates spark buyer interest, leading to a seller’s market. 

Personal Timing Matters  
Whether you buy now or wait until spring depends on your financial readiness, lifestyle needs, and long-term goals. If you have a stable income, a solid down payment, and a clear vision of your ideal home, today’s market offers a strategic opportunity to lock in a competitive rate and start building equity. 

Reasons to Buy a Home Now 

  • Mortgage rates are lower than last year’s peak 

  • Housing inventory is improving 

  • Less buyer competition means better negotiating power 

  • You begin building equity sooner 

Reasons to Wait Until Spring 

  • More homes may become available 

  • Additional time to save or improve credit 

  • Potential for slightly lower interest rates 

 
If you're financially prepared, buying a home now could be a smart move in a stabilizing housing market. But if you need time to strengthen your financial position, spring may offer more options—just be ready to act quickly. At TowneBank Mortgage, our experienced loan officers are here to guide you through every step of the home buying journey. 

Ready to explore your options? Connect with an RW Towne Mortgage loan officer today to discuss your goals, get pre-qualified, and make a confident move in today’s market. Whether you’re buying now or planning for spring, we’re here to help you every step of the way. 

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