Don't Wait: Why Now Is the Time to Buy a Home!

Don't Wait! Why Now is the Time to Make Your Real Estate Move

For many prospective homebuyers, the past few years have felt like a rollercoaster. You've likely heard the conflicting headlines, watched interest rates fluctuate, and perhaps even felt the pinch of rising prices. If you've been on the fence, waiting for the "perfect" moment, you're not alone. But what if we told you that the perfect moment might actually be right now?

The real estate market is constantly evolving, and recent shifts indicate a unique window of opportunity for buyers. Let's break down why putting off your home purchase could mean missing out on significant advantages.

The Evolving Landscape: What's Changed?

1. Inventory in the Charlotte Metro is on the Rise (Finally!)

One of the biggest frustrations for buyers in recent years has been the sheer lack of homes for sale. Bidding wars were common, and homes often went under contract within days. We're now seeing a welcome change.

• More Choices: According to the Canopy MLS, housing inventory was up 3.2% in July 2025 compared to the previous year, with total housing inventory up 36% over the same time last year. While still below pre-pandemic levels, this upward trend signifies more options for buyers.

• Less Competition: As inventory slowly increases, the frenzied bidding wars of 2021 and early 2022 have largely subsided in many markets. This gives you more breathing room to make a thoughtful offer without feeling rushed.

• More Negotiating Power: With more options, sellers may be more open to negotiations on price, contingencies, or even repairs. This is a significant shift from a few years ago when buyers often had to waive contingencies to compete.

2. Interest Rates: Finding Their Footing

Interest rates have been a major talking point. After historic lows, they've seen some upward movement. However, it's crucial to put this into perspective:

• Rates are Stabilizing: After peaking near 8% in late 2023, the 30-year fixed mortgage rate has seen a notable decline. For instance, Freddie Mac reported the 30-year fixed-rate mortgage averaging 6.56% as of August 28, 2025. While rates can fluctuate, this downward trend suggests a period of stabilization, making monthly payments more predictable.

• Perspective is Key: Historically, current rates are still quite reasonable. Think back to the 70s and 80s when rates were in double digits! The average 30-year fixed-rate mortgage has been around 7.75% over the past 50 years.

• Refinancing is Always an Option: If rates do drop significantly in the future, you always have the option to refinance your mortgage, potentially lowering your monthly payments. Don't let the fear of a slightly higher rate now deter you from locking in a home you love.

3. Home Price Appreciation: A Sustainable Pace

While the rapid, double-digit appreciation of the past few years has slowed, this is actually a healthy sign for the market.

• Sustainable Growth: While Canopy MLS reported a YTD 2.0% increase in the median existing-home price over the same period for 2024, this more modest growth indicates a return to sustainable appreciation rather than unsustainable surges. 

• Equity Building: Every mortgage payment you make contributes to building equity in your home. This is a powerful wealth-building tool that renting simply can't offer.

Why Real Estate Remains a Smart Investment

Beyond the current market dynamics, the fundamental reasons why real estate is a sound investment hold true:

1. Wealth Building Through Equity

When you rent, your monthly payment goes directly to your landlord's equity. When you own, a portion of every mortgage payment directly increases your ownership stake in the property. Over time, this builds significant personal wealth.

2. Hedge Against Inflation

Real estate has historically proven to be an excellent hedge against inflation. As the cost of living rises, so too does the value of real estate and rental income. This means your asset's value often keeps pace with, or even outpaces, inflation.

3. Potential for Rental Income

Even if you're not planning to be a landlord now, owning a home offers the future flexibility to generate rental income. Whether it's a spare room, a basement apartment, or even renting out your entire home if you move, this can provide a valuable income stream.

4. Tax Advantages

Homeownership comes with several potential tax benefits, including deductions for mortgage interest and property taxes (consult a tax professional for personalized advice as tax laws can vary).

5. Stability and Control

Owning your home provides a sense of stability and control that renting cannot. You're not subject to landlord whims, rent increases, or lease renewals. You can paint the walls, remodel the kitchen, and truly make the space your own.

Don't Let "What Ifs" Hold You Back

Choosing the right moment to buy a home can feel overwhelming, but with the right guidance, you can navigate the market with confidence. Don't let uncertainty hold you back from a smart investment and the joy of homeownership. When you're ready to make your move, let Bain and Frey be your real estate MVPs. We'll be with you every step of the way, helping you find your perfect home and secure your financial future. To get started and learn exactly what to expect, download our free buyer's guide that walks you step by step through the entire home buying process.