Beat the Rush: Why Buying Now Could Save You Thousands vs. Waiting Until Fall

Timing is everything in real estate—and when it comes to buying a home, waiting could cost you more than you think. While many buyers plan to wait until fall to make a move, savvy buyers know that mid-summer offers distinct financial advantages.

🔍 Market Conditions Favor Buyers—For Now

Interest rates have held relatively steady this summer, offering buyers a brief window to lock in favorable mortgage terms. But economic signals point to potential rate hikes later this year as the Federal Reserve keeps inflation in check. Even a small increase of 0.5% in rates can mean paying tens of thousands more over the life of a loan.

Additionally, South Shore inventory has ticked up slightly, providing more options and slightly less competition compared to spring’s hectic bidding wars. If you wait until fall, you may face renewed buyer activity from those who delayed their purchase—driving prices and competition higher again.

💰 Mid-Summer Discounts and Motivated Sellers

Sellers who listed in early summer and haven’t yet sold are often more flexible now. Whether it’s a price drop or concessions on closing costs or contingencies, buyers can negotiate more favorable deals in July than in peak spring or fall seasons.

📈 Beat the Fall Buyer Surge

Historically, fall brings another wave of competition as families who waited until school was back in session re-enter the market. By acting now, you can avoid crowded open houses and stressful bidding wars, and instead enjoy a smoother buying process.

✅ Ready to Make Your Move?

Whether you're looking for a coastal cottage in Scituate or a starter home in Braintree, now may be the smartest—and most cost-effective—time to act. Let the Depend on Dakota Team guide you through every step. Contact us today.