Skip to content
Skip to content
Mortgage Payment
Envelope Facebook Twitter Linkedin Instagram
Search
Find a Branch
  • Home Page
  • Locations
  • Pick Your Mortgage
    • BuyAHome
    • SaveMoney
    • UseMyVABenefits
    • BuyBig
    • Remodel
    • HelpWithDownPayment
    • RuralHousing
    • CreditChallenged
    • RetireComfortably
  • Loan Options
    • TRADITIONAL PROGRAMS
    • Purchase
    • Refinance
    • Conventional Loan
    • FHA Loan
    • VA Loan
    • Jumbo Loan

    • SPECIALTY PRODUCTS
    • Home Select
    • Portfolio Lending
    • FHA Approved Condos
    • FHA No Credit Score
    • Reverse Mortgage
    • HERO Loan
    • USDA Loan
    • USDA Renovation
    • Physician Loan
    • Renovation Loan
    • HELOC
    • Self Employed
    • Down Payment Assistance Loans
    • First Time Home Buyers
    • Credit Challenged
    • Fixed vs. Adjustable Rate Mortgages
    • Arrive Home Program
  • Apply now
    • Long Form
    • Short Form
  • Resources
    • Mortgage News
    • Geneva AMP
    • Mortgage Payment
    • Login to My Loan
    • Mortgage Calculators
    • Homebuyers Guide
    • Mortgage FAQ
    • Today’s Rates
    • Mortgage Terms Defined
  • Home By Geneva
  • Careers
    • Branch & LO Opportunity
    • Operations
  • Our Story
    • About Geneva Financial
    • Leadership Team
    • Press Releases
    • Contact Us
    • Be A Good Human
    • Human Stories
    • Client Reviews
  • Home Page
  • Locations
  • Pick Your Mortgage
    • BuyAHome
    • SaveMoney
    • UseMyVABenefits
    • BuyBig
    • Remodel
    • HelpWithDownPayment
    • RuralHousing
    • CreditChallenged
    • RetireComfortably
  • Loan Options
    • TRADITIONAL PROGRAMS
    • Purchase
    • Refinance
    • Conventional Loan
    • FHA Loan
    • VA Loan
    • Jumbo Loan

    • SPECIALTY PRODUCTS
    • Home Select
    • Portfolio Lending
    • FHA Approved Condos
    • FHA No Credit Score
    • Reverse Mortgage
    • HERO Loan
    • USDA Loan
    • USDA Renovation
    • Physician Loan
    • Renovation Loan
    • HELOC
    • Self Employed
    • Down Payment Assistance Loans
    • First Time Home Buyers
    • Credit Challenged
    • Fixed vs. Adjustable Rate Mortgages
    • Arrive Home Program
  • Apply now
    • Long Form
    • Short Form
  • Resources
    • Mortgage News
    • Geneva AMP
    • Mortgage Payment
    • Login to My Loan
    • Mortgage Calculators
    • Homebuyers Guide
    • Mortgage FAQ
    • Today’s Rates
    • Mortgage Terms Defined
  • Home By Geneva
  • Careers
    • Branch & LO Opportunity
    • Operations
  • Our Story
    • About Geneva Financial
    • Leadership Team
    • Press Releases
    • Contact Us
    • Be A Good Human
    • Human Stories
    • Client Reviews

Key Opportunity For Homebuyers

Home>> Key Opportunity For Homebuyers

There’s no denying the housing market has delivered a fair share of challenges to homebuyers over the past two years. Two of the biggest hurdles homebuyers faced during the pandemic were the limited number of homes for sale and the intensity and frequency of bidding wars. But those two things have reached a turning point.

Key Opportunity For Homebuyers
Key Opportunity For Homebuyers

As you may have already heard, the number of homes for sale has increased this year, and even more so this spring. As Danielle Hale, Chief Economist for realtor.com, explains:

“New listings–a measure of sellers putting homes up for sale–were up 6% above one year ago. Home sellers in many markets across the country continue to benefit from rising home prices and fast-selling homes. That’s prompted a growing number of homeowners to sell homes this year compared to last, giving home shoppers much needed options.”

This is encouraging news. More homes coming onto the market give you a greater chance of finding one that checks all your boxes.

Buyer Competition Moderating Helps Inventory Grow Even More

Mark Fleming, Chief Economist at First American, says inventory growth is happening not just because there’s an increase in the number of listings coming onto the market, but also because buyer demand has moderated some in light of higher mortgage rates and other economic factors:

“There has been a pickup in the inventory that we’ve seen recently, but it’s not from a big increase in new listings . . . but rather a slowdown in the pace of sales. And remember that months’ supply measures the inventory of sale relative to the pace of sales. Same inventory, fewer sales, means more months’ supply.”

Basically, the market is shifting away from the frenzy of buyer competition seen during the pandemic, and that’s helping available inventory grow. In their latest forecast, realtor.com also mentions the moderation of demand as a key factor and projects the inventory growth should continue:

“As rising inflation and mortgage rates bring U.S. housing demand back from the 2021 frenzy, . . . inventory will grow double-digits over 2021 and offer buyers a better-than-expected chance to find a home.”

How This Impacts You

The combination of more homes coming onto the market and a slower pace of home sales means you’ll have more options to choose from as you search for your next home. That’s great news if you’ve been searching for a while with little to no luck. Just remember, there isn’t a sudden surplus of inventory, just more homes to choose from than even a few months ago. So, you’ll still want to be decisive and move fast when you find the right home for you.

And when you do, you may be faced with less competition from other buyers too. If you’ve been waiting to jump into the market because the intensity of the bidding wars was intimidating or if you’ve been outbid on several homes, this moderation could help make the home buying process a bit smoother. It’s not that it’ll be easy or that bidding wars are a thing of the past – that’s not the case. But it won’t feel nearly as impossible.

Rates may seem high, but they are still historically low.

What’s important to note is although rates are in the 5’s or higher depending on qualification, it still may be a good time to purchase a home. The benefit of working with Geneva is we will work with you for the life of your loan. Second, there is a chance for you to benefit from a rate and term refinance, and to lower your monthly payment we will be in touch. Do not let higher rates scare you. Let’s connect today to help you strategize to achieve your dream of homeownership this season.

As the housing market begins its shift back toward pre-pandemic levels, you could have a unique opportunity in front of you. With moderate levels of buyer competition and more homes actively for sale, your home search may have gotten a bit less challenging.

Check out what your loan payment may look like using our interactive mortgage calculator:

Lock Assure

Lock Assure™ Powered By Geneva Financial

How Homeownership Impacts You

Three Tips For First Time Homebuyers

Share:

More Human Stories

Classic Retro Wireless Headphones

Bring vintage style into the modern era with

Soundtrack Your Summer: A Step-by-Step Guide to Crafting Your Perfect Playlist

Home By Geneva>Soundtrack Your Summer: A Step-by-Step Guide

Think No One’s Buying Homes Right Now? Think Again

Think No One’s Buying Homes Right Now? Think Again

If you’ve seen headlines saying home sales are

Cherry Coke Margarita Slushies

When your summer playlist is on point, you

Rapid Rate Quote

PrevPreviousHow Mortgage Rates Impact Your Purchase
NextWhat Does An Economic Slowdown Mean For The Housing Market?Next

Find a Branch

Mortgage Calculator

Homebuyer's Guide

Get Today's Rates

Apply for a Mortgage or Refinance

Loan Programs

Mortgage Terms Defined

Login to an Existing Mortgage Loan

Careers

Contact Us
  • 180 S. Arizona Ave Ste 310 Chandler, AZ 85225
  • (888) 889 - 0009
  • humansupport@genevafi.com

Your Mortgage Options

  • Apply Now
  • Mortgage Payment
  • Find a Licensed Loan Officer
  • Check Today’s Rates
  • Mortgage Calculator
  • Homebuyer Mortgage Guide

Geneva Goodies

  • Branch Manager and Loan Officer Opportunities
  • Home by Geneva - Home Design & Lifestyle
  • Geneva Gives

Geneva Financial offers Conventional, FHA, VA, USDA, Refinance, Reverse, Jumbo and Condo Financing as well as Down Payment Assistance Programs, First-Time Homebuyer Programs, Physician Loans and Hero Loans for First Responders, Police, Firefighters, Nurses, and Teachers.

Geneva Financial LLC, Copyright © 2025
NMLS #42056 | BK #0910215 | MA #ML42056 | CA #603G564
Privacy | Legal Disclaimer | An Equal Housing Lender | All Rights Reserved
  • Site Accessibility
  • Communication Opt Out
  • Disclosures and Licenses
  • Terms of Use
  • Security and Privacy
  • Email and Text Policy
  • Do Not Sell My Personal Information
  • Site Accessibility
  • Communication Opt Out
  • Disclosures and Licenses
  • Terms of Use
  • Security and Privacy
  • Email and Text Policy
  • Do Not Sell My Personal Information
We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept”, you consent to the use of ALL the cookies.
Do not sell my personal information.
Cookie settingsACCEPT
Manage consent

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.
Necessary
Always Enabled
Necessary cookies are absolutely essential for the website to function properly. These cookies ensure basic functionalities and security features of the website, anonymously.
CookieDurationDescription
cookielawinfo-checbox-analytics11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics".
cookielawinfo-checbox-functional11 monthsThe cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional".
cookielawinfo-checbox-others11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other.
cookielawinfo-checkbox-necessary11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary".
cookielawinfo-checkbox-performance11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance".
viewed_cookie_policy11 monthsThe cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data.
Functional
Functional cookies help to perform certain functionalities like sharing the content of the website on social media platforms, collect feedbacks, and other third-party features.
Performance
Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors.
Analytics
Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc.
Advertisement
Advertisement cookies are used to provide visitors with relevant ads and marketing campaigns. These cookies track visitors across websites and collect information to provide customized ads.
Others
Other uncategorized cookies are those that are being analyzed and have not been classified into a category as yet.
SAVE & ACCEPT

Quick Rate Quote