In this episode of Realty Bytes: Conversations on Real Estate and Lifestyle, host Evelyn Lopes welcomes back Karina Murphy, a knowledgeable real estate mortgage consultant from Premier Mortgages. As summer winds down and the fourth quarter approaches, many are asking, "Is now the right time to buy a home?"

Listen is as they share their insights on the current state of the real estate market, highlighting increased inventory and decreasing interest rates. They explain that it’s currently a buyer's market, with more flexibility in negotiations, including the ability to add conditions to offers—a stark contrast to the competitive seller’s market of 2021 and 2022.

The discussion also touches on the challenges of timing the market, the importance of preparing financially, and the different mortgage options available. Karina emphasizes that the best time to buy is when it’s right for you, considering your financial situation, motivation, and long-term goals.

Evelyn and Karina also discuss the nuances of fixed vs. variable rate mortgages and the importance of working with a mortgage professional to navigate these decisions. As the episode concludes, Karina encourages listeners to start their homebuying journey early, even if they’re not ready to purchase immediately, to ensure they are well-prepared financially when the time comes.

Listeners are invited to reach out to Karina and Evelyn for a personalized consultation to explore their options in this evolving market. All contact details are provided in the show notes.