More homes just hit the market – and that doesn’t usually happen in the fall.

Visual of the Week 

More homes just hit the market – and that doesn’t usually happen in the fall.

Now might be the perfect time to buy a home. According to Lawrence Yun, Chief Economist at NAR, the current increase in available homes puts buyers in a stronger position with better pricing options. While mortgage rates are slightly higher than last month, they’re expected to dip again by year-end, improving affordability.

In Westchester, inventory typically peaks in spring and summer, and this year, the highest number of new listings came in April, although we had a nice bounce in September. Waiting for lower rates could mean fewer options later, especially as home prices continue to rise due to limited supply. If you’re financially ready, moving forward now could be a smart decision.