September 2025 Market Snapshot: Buyers Are Back
Mortgage rates are finally moving in the right direction—and buyers are paying attention.
The 30-year mortgage rate just dropped to 6.13%, the lowest since October 2024. As a result, buyer activity is climbing fast. In fact, mortgage applications are up 23% compared to this time last year (MBA).
🔑 What this means for sellers:
If your home sat on the market earlier this year or you’ve been waiting for the right time, this could be your moment. Buyer demand is the strongest it’s been since midsummer—and acting now means less competition before more sellers catch on.
🔑 What this means for buyers:
With affordability improving, more homes are coming within reach. But remember, as rates dip, competition picks up—so it’s smart to get pre-approved and be ready to move quickly.
📈 Bottom Line:
The Seattle market is shifting. Whether you’re buying or selling, this fall is shaping up to be a window of opportunity you don’t want to miss.
👉 Let’s connect and talk about your next move.
