The Best Time to be a Buyer in 3 Years
If you've been sitting on the sidelines wondering when the right time to buy might come around again—this is your green light. We’re officially in the most buyer-friendly market we’ve seen since 2021.
Over the past three years, buyers have faced relentless competition, limited inventory, bidding wars, waived contingencies, and rising prices fueled by pandemic-era demand. It was a market defined by urgency and speed, not strategy. But that tide has turned.
Today, we’re seeing more price reductions than we have in years—especially on the Eastside and in traditionally high-demand neighborhoods like Los Feliz, Silver Lake, and Highland Park. Days on market are stretching longer. Sellers are no longer in the driver’s seat. And many are open to concessions—everything from closing cost credits and rate buydowns to contingency flexibility and longer escrow timelines.
The big misconception is that high interest rates mean it’s a bad time to buy. But in reality, purchase price matters more than rate in the long run. You can refinance a loan. You can’t renegotiate a sale price after you close.
In fact, we’re seeing deals where buyers are walking in with 5–10% below asking and still getting inspections, appraisal contingencies, and closing credits. That’s not something you could dream of doing in 2021 or 2022.
Let’s look at the big picture:
More inventory: More homes to choose from = less competition.
Motivated sellers: Especially those who listed in the spring and are now getting anxious.
Negotiation is back: Terms, credits, and price—all back on the table.
Rates will change: Most experts predict rate cuts in late 2025. You don’t need to wait to buy—you just need a good plan to refinance when the time is right.
My Takeaway:
This is the kind of market savvy buyers have been waiting for. If you have a longer time horizon, value strategy over hype, and want to make a purchase with leverage on your side—this is your moment. It’s the best time to be a buyer in three years.
Let’s make it count.
