The seesawing housing market continues to defy economists and expectations.
Pending home sales dipped in June after a string of strong months, catching many by surprise. Mortgage rates are sinking back down near historic lows. Home prices are on the rise, but inventory is still tight in some communities.
In short, it’s a tough time to talk trends and forecasts. But prospective homebuyers care a lot less about predictions than the picture on the ground. Despite the uncertainty, it’s still possible for the right buyer to land a good deal on a home this summer.
Here’s a look at three big reasons why.