Search

Leave a Message

Thank you for your message. We will be in touch with you shortly.

Is Now The Time To Buy A House?

Sandy Ginn August 24, 2022

There are more homes for sale today than at any time last year. So, if you tried to buy a home last year and were outbid or out-priced, now may be your opportunity. The number of homes for sale in the U.S. has been growing over the past four months as rising mortgage rates help slow the frenzy the housing market saw during the pandemic.
 
Lawrence Yun, Chief Economist at the National Association of Realtors (NAR), explains why the shifting market creates a window of opportunity for you:
 
“This is an opportunity for people with a secure job to jump into the market, when other people are a little hesitant because of a possible recession. . . They’ll have fewer buyers to compete with.”

Two Reasons There Are More Homes for Sale

The first reason the market is seeing more homes available for sale is the number of sales happening each month has decreased. This slowdown has been caused by rising mortgage rates and rising home prices, leading many to postpone or put off buying. The graph below uses data from realtor.com to show how active real estate listings have risen over the past four months as a result.
 
 
The second reason the market is seeing more homes available for sale is because the number of people selling their homes is also rising. The graph below outlines new monthly listings coming onto the market compared to last year. As the graph shows, for the past three months, more people have put their homes on the market than the previous year.
 

Bottom Line

The number of homes for sale across the country is growing, and that means more options for those thinking about buying a home. This is the opportunity many have been waiting for who were outbid or outpriced last year.

Recent Blog Posts

A Real-Life Guide to Buying New Construction Homes in Greater Indianapolis

From custom builds to spec homes, here’s what every buyer should know about building (or buying) new in Carmel, Zionsville, Fishers, and beyond.

Key Things to Watch for in a Home Inspection Report

Not all inspection items carry the same weight. Here’s how to spot red flags and prioritize what matters most when reviewing a home inspection report.

The Real Value of Listing with a Realtor

Selling your home isn’t just about listing, it’s about strategy, expertise, and execution. Working with a Realtor delivers stronger results than going it alone.

Key Things to Look for When Buying a Lake Home Beyond Just the View

A beautiful view is just the beginning. Here’s what to consider when buying a lake home that fits your lifestyle, priorities, and long-term goals.

Why Local Expertise Matters in a Competitive Market

In a competitive market, real estate success depends on more than timing—local expertise gives buyers and sellers the strategic edge they need.

Lake Market Update: What 2025 Is Telling Us Across Northeastern Indiana

Lakefront homes across Northeastern Indiana are still in demand, but showing a shift toward longer market times and more selective buyers.

What Does Homeowners Insurance Actually Cover?

Understanding what your homeowners insurance covers—and what it doesn’t—can help you protect your investment and avoid costly surprises.

How to Make Your Offer Stand Out in a Competitive Seller’s Market

In a market where multiple offers are the norm, strategic moves like clean terms, appraisal gap coverage, and strong representation can set your offer apart.

Renting or Buying What’s Best for This Stage of Your Life

Deciding whether to rent or buy? Explore the pros and cons of each to determine the best fit for your lifestyle, goals, and stage of life.

Work With Us

With experience in every type of real estate transaction, we aim to deliver sound advice, extensive research, and tenacious negotiating in order to secure incredible results for our clients. Every opportunity to serve our clients is a beautiful gift worth cherishing.