“Housing Market vs. Interest Rates: What’s the Bigger Deal?”

Many buyers wait for lower interest rates — but forget that market conditions matter just as much.

A hot market with low rates might mean bidding wars and waived contingencies. A cooler market with higher rates might mean seller concessions and price flexibility.

It’s often more important to buy when the right opportunity presents itself — and refinance later if rates improve. Timing both rate and market perfectly is rare.