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Time To Buy?

Mortgage Rates Have Dropped, Is It Time For You to Buy?

  • March 5, 2025
  • Max Fose
  • Business, Local News, Real Estate, The Upper Middle

In a recent Instagram reel, real estate expert Will Carter discusses the current housing market, highlighting positive trends for prospective buyers.

Carter notes that over the past six weeks, there’s been a noticeable improvement in market conditions favoring buyers. He points out that mortgage rates have started to decrease, making home loans more affordable. Additionally, the inventory of available homes has increased, providing buyers with more options to choose from.

However, Carter advises that this favorable window may be temporary. He anticipates that as the market continues to stabilize, competition among buyers could intensify, potentially leading to higher home prices. Therefore, he suggests that those considering purchasing a home should act promptly to take advantage of the current conditions.

Will Carter’s insights suggest that now is an opportune time for buyers to enter the housing market, given the combination of lower mortgage rates and increased inventory. Acting swiftly could be key to securing favorable terms before the market shifts again. Contact Will Carter to see if the timing is right for you.

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The Upper Middle Phoenix (The UM) is your go-to source for local news, events, restaurants, businesses and culture in North Central Phoenix, Biltmore & Arcadia. From food and drink to real estate, local businesses, things to do and local events, we cover what matters in the neighborhoods we call The Upper Middle.

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