🏠 Fewer First-Time Buyers? Good. That Might Be Your Window.
Let’s just call it like it is—buying a house right now feels tricky. Rates are higher than they’ve been in a while, prices haven’t crashed like some were hoping, and a lot of folks are sitting on the sidelines just… waiting. And honestly? I get it. But here’s the wild part: that hesitation? It might be exactly why this is your window to buy. A recent article from the Wall Street Journal broke down how first-time homebuyers dropped to around 1.1 million in 2024 . That’s almost half the usual number. And while that sounds like a problem, it’s actually opening up some really good opportunities, especially right here in Sierra Vista . So what’s actually going on? A few things: Builders are dealing. Incentives, rate buydowns, closing cost help, you name it. They’ve got homes to move and fewer buyers to fight over them. Less competition. Bidding wars? Not so much. More negotiating power is back on the table. Rents are still rising. ...