Renting vs. Buying: Is Fall the Right Time to Make a Move?
Here's a look at why fall might just be the perfect time to find a new home.
A Market That's Shifting in Your Favor
While spring and summer are traditionally the busiest times for real estate, fall brings a notable shift. The intense activity of the summer months begins to slow, which can create a more balanced market that offers significant advantages for prospective buyers.
According to recent analysis from Zillow, fall 2025 could be a period of opportunity for shoppers. The number of homes for sale is the highest it has been in years, and with fewer buyers actively searching, you're likely to find less competition.
- More Options, Less Pressure: Data shows that the total number of homes for sale is up significantly from last year. This means you have more choices and can take your time to truly consider if a home is the right fit. The pace of decision-making is less hurried, giving you the breathing room to make a confident choice.
- Negotiating Power: With more homes on the market and fewer buyers, sellers who listed in the spring or summer may be more motivated to make a deal. You may find more willingness to negotiate on price or to offer concessions, such as covering closing costs.
- Prices are Stabilizing: After years of rapid price growth, the market is showing signs of flattening. This slower appreciation can give you a much-needed break from constantly chasing higher and higher price points, making it easier to lock in a budget you're comfortable with.
From Renting to Owning: A Long-Term View
Beyond the seasonal market trends, the fundamental difference between renting and buying remains the same—one is a temporary arrangement, and the other is a long-term investment in your future.
While renting offers flexibility and fewer maintenance responsibilities, a significant portion of your monthly payment goes toward a landlord's investment, not your own. When you choose to buy, your monthly mortgage payments build equity, giving you a tangible asset that can appreciate over time.
Homeownership also provides a sense of stability and permanence. It’s the freedom to paint the walls, plant a garden, and truly make a house your home—a place where you can put down roots and build a life in a community you love.
Let's Start the Conversation
The decision to buy a home is a personal one, and the right time is unique to each individual's circumstances. No matter the season, our team at FitzGerald Financial Group is here to guide you through the process with a personalized, friendly approach. We take the time to understand your needs and help you find a financing solution that fits your specific situation.
If you’re considering making a move this fall, don't hesitate to reach out. We’re your hometown mortgage company, and we’re ready to help you take the first step toward homeownership.