Interest rates are still an important part of the buying conversation, but they are not the only factor shaping today’s market. In Everett, buyers are seeing more opportunities to choose from instead of feeling pressured to act on the first home that fits. Inventory is up 24.5% from last year, giving shoppers more room to compare location, condition, price, and features.

More inventory can also create a healthier negotiating environment. Homes are spending about 50 days on the market on average, which may give buyers additional time to conduct inspections, evaluate financing, and consider requests such as repairs, closing-cost credits, or flexible timelines. The right strategy depends on the property and its competition, but buyers may have more leverage than they did in a tighter market.

At the same time, affordability still matters. Everett’s median sale price is approximately $574,726, so buyers should look beyond rate headlines and review the complete monthly payment, including taxes, insurance, and any HOA costs. Comparing loan options and understanding a comfortable budget can help turn more choices into a confident decision.

If you are considering buying in Everett, now may be a useful time to explore the market without rushing. A local real estate professional can help you track new listings, identify value, and create an offer plan tailored to your goals. Message me to review your options and take the next step.