Why Buying a Home Now Could Be the Smartest Move You Make in 2025

There’s a lot of talk about mortgage rates coming down later this year—and they probably will. But here’s what most buyers don’t realize: waiting for rates to drop could actually cost you more.

If you’ve been sitting on the sidelines hoping for the “perfect” rate, this is your friendly reminder that timing the market is rarely perfect—and today’s conditions may offer more upside than you think.

1. Rates Are Still High Enough to Keep Competition Low

Today’s mortgage rates, hovering in the high 6% range, are keeping many would-be buyers on the fence. That means less competition for you.

Right now, buyers are negotiating better prices, avoiding bidding wars, and even getting seller concessions—things that become much harder when the buyer pool grows.

2. When Rates Drop, Demand Will Spike

Make no mistake: when rates drop even a half percent, buyers will rush back. We've seen this happen before.

That flood of demand will drive up home prices, especially here in the desert where inventory remains tight. So while a lower rate might feel like a win, it’s often offset by paying more for the home itself or competing in a multiple-offer frenzy.

3. You Can Always Refinance—You Can’t Undo Overpaying

Buying now means you lock in today’s price—and when rates fall, you refinance and lower your monthly payment. That’s called “marry the house, date the rate.”

Waiting for the rate means you could end up marrying a much higher price tag later on. In real estate, you build wealth by acting before everyone else does.

4. Real Estate Is Still a Hedge Against Uncertainty

Despite media noise, real estate continues to be one of the most reliable assets during economic fluctuations. Home values in the Coachella Valley have remained strong, especially in desirable areas like Palm Springs, La Quinta, and Rancho Mirage.

By buying now, you’re locking in a long-term investment in one of the most lifestyle-driven and resilient markets in California.

5. Equity Starts the Moment You Close

Every month you wait is a month of equity you don’t gain. If appreciation kicks up when rates drop, you could be looking at tens of thousands in missed equity growth just by waiting.

Buy now, and that growth starts working for you—right away.

Final Word: Don’t Time the Market, Own It

It’s easy to fall into the trap of “waiting for the perfect time.” But in real estate, the perfect time is often hindsight. Smart buyers act on today’s data, not tomorrow’s hope.

If you’ve been thinking about buying this year, don’t wait for rates to change the game—be ahead of the game.

Let’s talk about how to make your move now, before the next wave of buyers comes rushing in.