Timing the real estate market isn’t an exact science, but there are a few key signals that can tell you whether the wind is blowing in favor of buyers or sellers:
📊 Inventory levels: A high number of homes for sale usually favors buyers; low inventory leans seller.
⏳ Days on market: If homes are lingering longer, it could mean more room for negotiation.
💰 Interest rates: Rising rates can shrink buyer budgets—this can cool demand, but also create new opportunities.
🔻 Price reductions: A surge in price cuts may hint at a softening market.
Keep an eye on these indicators and lean on your local agent to help you interpret what they mean in your area.