Is Now a Good Time to Buy a House in Washington State?

This question is everywhere right now—and honestly, the answer depends on *your* situation, not just market stats.

Yes, interest rates have fluctuated, and yes, prices in Washington can feel high. But here's the real talk: if you're renting, you're already paying 100% interest with nothing to show for it. If you’re planning to stay in your home for 3+ years, buying *now* can lock in equity growth, even in a shifting market.

We’re still seeing multiple-offer situations on well-priced homes, but buyers also have more room to negotiate than they did in 2021–2022. Some sellers are offering closing cost credits or rate buydowns. It’s about strategy, not timing the market perfectly. And that’s where I come in.

Let’s look at some pros and cons:

Pros of Buying Now:
- Less competition than peak frenzy periods
- Potential to negotiate closing costs or price reductions
- Opportunity to build equity over time

Cons:
- Higher interest rates compared to 2020–2021
- Monthly payments may be higher for the same price point

Bottom line: If you’re financially ready and have a stable life situation, let’s explore your options—because waiting rarely saves money long term in the Pacific Northwest.