If you’ve been watching Seattle real estate trends or scrolling through Zillow in Seattle WA, you might have noticed a shift that could work in your favor. For much of the past few years, buyers have struggled with rising prices, high mortgage rates, and intense competition. But this fall, conditions are beginning to change—making homeownership more attainable again.

1. Mortgage Rates

After climbing to multi-year highs, mortgage rates have recently started to ease. Even a small drop can make a noticeable difference in your monthly payment, and that creates an opportunity for buyers to step back into the market with renewed confidence.

2. Home Prices

Price growth is moderating. Instead of the double-digit jumps we saw during the peak of the market frenzy, prices are stabilizing. For buyers, this means less pressure and more realistic options.

3. Wages Are Rising

At the same time, wages are climbing, giving households greater buying power. When you combine this with slightly lower mortgage rates and steadier prices, the overall picture of affordability starts to look more encouraging.

What This Means for You

If you’ve been waiting for the right time to buy, this fall may bring the window of opportunity you’ve been hoping for. And if you’re selling, the shift in affordability could mean more qualified buyers ready to make a move.

Bottom Line

Affordability is improving, and that’s good news for both buyers and sellers. Whether you’re considering purchasing a home or putting yours on the market, now’s the time to take a closer look at your options.