3 Reason why you should get off the fence. 

1. Rates Are in the 5s Again

For the first time in a while, many buyers are seeing rates back in the 5% range (depending on credit and loan type).
Lower rates mean more buying power and lower monthly payments, which can make a significant difference over the life of a loan.

Translation: Waiting could cost you thousands.

2. Builders Are Offering Massive Incentives

Many new home builders around the Raleigh / Triangle market are offering things like:

• Rate buydowns

• Closing cost assistance

• Design upgrades

• Price reductions

These incentives can add up to tens of thousands of dollars in value.

Translation: Buyers currently have leverage.

3. You Can Always Refinance — You Can’t Go Back in Time on Price

If rates drop later, you can refinance.
But if home prices rise (which they historically do over time), you can't go back and buy at today's price.

Translation: Date the rate. Marry the house.

I know my primary lender has been willing to look at refinancing at a reduced cost to refinance if you if you buy now and the rate drops 1% or close. Something to consider... 

I am also seeing sellers offering credits to buyers to buy down the rate to get you in the house for less monthly payment. 

Get creative, buy the house.  

"The best time to buy a home is when you're ready… but right now the market is quietly offering opportunities buyers haven't seen in a while."