The Truth About Today’s Market: Buy, Wait, or Refinance?
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Buyers are cautious, interest rates are high, and market headlines are confusing. So… what’s actually true?
In this episode, Brendan Lewis joins me to unpack the real reasons why buyers are hesitating in today’s market—from price anxiety and interest rates to inventory and competition. We break it down with real math, local data, and expert insight to help you understand what’s really going on—and how to make smart moves now before the spring market heats up.
Key Takeaways:
- Home prices are steady to slightly rising; there’s no crash coming
- A 1-point drop in interest rates could save buyers nearly $5K/year
- Inventory has increased 40–50% locally—creating more buyer options
- New construction is expanding in the outskirts, offering opportunities
- First-time buyers can still access programs and use buy-downs to lower rates
Timestamps:
00:00 Introduction to Local Living Tri-City
00:21 Meet Brendan Lewis: Insights from the Field
00:43 Top Concerns for Home Buyers
01:37 Current Market Trends and Predictions
04:25 Interest Rates and Their Impact
08:20 Inventory and Market Dynamics
10:02 New Construction vs. Resale
10:39 First-Time Home Buyer Programs
11:41 Conclusion and Final Thoughts
Curious about your options? Let’s talk. Head to jonesrealtygroup.com for personalized guidance and access to buyer tools, lender partners, and new construction tours.
Learn more about Liz Jones:
Website: https://www.jonesrealtysocal.com/
Linkedin: https://www.linkedin.com/in/jonesrealtysocal/
YouTube: https://www.youtube.com/@lizjonestricityrealestate
Instagram: https://www.instagram.com/jonesrealtysocal/
Facebook: https://www.facebook.com/KWLJONES/
#TemeculaRealEstate #BuyerTips2025 #InterestRatesExplained #MurrietaHomes #MenifeeMarket #NewConstructionSoCal #LizJonesRealtor #JonesRealtyGroup #LocalLivingTriCity
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