RSIR's recent Market Maker event provided a deep dive into key trends shaping the real estate market. Economist Matthew Gardner highlighted a “soft landing” for the economy, with inflation easing and mortgage rates projected to dip into the high 5% range by the end of 2025. Experts also discussed the $90 trillion “Great Wealth Transfer” and its impact on housing demand, the ongoing challenges of limited new construction, and opportunities in Seattle’s evolving downtown market. With buyers expected to step into the market early next year, now is the time to plan your next move.

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Lower rates will mean more competition for buyers, with many people in similar boats waiting for the right time to make their move in the market, thus potentially leading to higher home prices. However, after a long drought of inventory, we’re seeing more sellers listing their homes, which could help to combat an issue of demand outpacing supply. In fact, according to a Mansion Global article, the country’s inventory levels are at the highest they have been in the past four years. Buyers, this means not only will you be purchasing with lower rates, but you’ll also have more listings to choose from—this is great news!

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