The housing market right now feels a bit like a game of “Will It or Won’t It?” Prices keep climbing, and many are putting off big decisions, hoping things might settle down—maybe it will, but maybe it won't. Trying to time the market is like trying to read tea leaves or peering into a murky crystal ball. Even the most seasoned professionals can only speculate. What we do know though, is that with rising tariffs, supply chain hiccups, and soaring construction costs, building new homes is becoming more challenging and expensive. Builders are facing a perfect storm of high materials costs, making new homes pricier and harder to build. If you're waiting for a price drop, don’t hold your breath—it’s likely prices will keep creeping up.
Demand for housing continues to outpace supply, making the market highly competitive. Homeowners are holding on, waiting for top dollar, while buyers are eagerly eyeing limited options. With higher interest rates and rising prices, the pressure is on. It’s a good time to stay informed and keep an eye on the market to find the right opportunity when it comes along!