Is Now a Good Time to Buy a House?
📅 September 11, 2025
✍️ By Gilbert Gomez, Realtor – San Diego, CA
Key Takeaways
- ✅ If you have the means, now may be a good time to buy.
- ✅ Mortgage rates are holding at 11-month lows, giving buyers a window of affordability.
- ✅ It’s a buyer’s market — there are roughly 500,000 more sellers than buyers right now, giving buyers leverage.
- ✅ Many consumers remain hesitant due to high home prices, tariffs, and economic uncertainty, creating a slow market.
Market Overview
As summer winds down, the housing market is cooling off too. After a slow spring, we continue to see sluggish sales, fewer new listings, and home prices that remain stubbornly high.
The good news for buyers? Mortgage rates have dropped, which means many buyers today can afford about $20,000 more home compared to just a few months ago. Still, economic volatility has many sitting on the sidelines, wondering if now is the right time to make a move.
My Take as a Local Realtor
From my perspective here in San Diego, now is a good time to buy — if you can afford it. Prices continue to trend upward, but with rates lower and more inventory on the market, buyers have the upper hand in negotiations.
That said, every situation is unique. The economy is volatile, and local markets vary widely. The most important factor is whether it’s the right time for you based on your finances, stability, and long-term goals.
Final Thoughts
If you’re serious about buying, this market presents opportunities you don’t want to miss. Leverage lower mortgage rates, take advantage of higher inventory, and use your negotiating power. Before making a move, consult a trusted local agent and ensure you’re confident in both your finances and future income.
👔 Gilbert Gomez, REALTOR®
Premier Agency RE | DRE #02113096
📍 Serving San Diego & Chula Vista
📞 (619) 366-7464
🌐 www.ListWithGilbert.com