We're seeing a real tug-of-war in the housing market right now—buyers are feeling the pinch from higher mortgage rates, which means monthly payments just don’t add up the way they used to. Many are choosing to pause their search, and it shows: pending sales are tapering off, so fewer folks are actually making offers after house hunting. On the flip side, homeowners who locked in lower rates aren’t jumping at the chance to list, since giving up those affordable payments is a tough call. The result? Both sides are holding tight, and the pace of transactions has slowed to a crawl.
After 25 years guiding clients through all types of markets, I know that real estate always moves in cycles. My approach is to cut through the noise and help you weigh your options—whether you’re dreaming of your first home or thinking about the next chapter. Change is never simple, but with the right strategy, there’s always a way forward.
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