What Rising Interest Rates REALLY Mean for Connecticut Homebuyers

Interest rates can feel intimidating, especially when you’re trying to time the market. But here’s the truth I share with every client:

Your interest rate isn’t stopping you. Your strategy is.

Rates Are Higher, Yes—But Inventory Is the REAL Story

CT buyers aren’t being priced out by interest rates.
They're being priced out by low inventory and high competition in desirable towns.

You can always refinance a rate.
You can’t go back and re-buy the perfect home.

All the buyers who purchased in 2020-2022 when the market was a bidding war frenzy, buyers who waited on the sidelines waiting for the market to cool down really missed an opportunity. Don't let that be you saying you will buy when the prices cool off, or the rates come down more. Rates go down - Prices/values go UP.

3 Strategies My Buyers Are Winning With

• Seller credits instead of price negotiations

• Adjustable-rate mortgages when appropriate

• Rate buydowns paid by sellers

• Strong terms for sellers, not just the highest price

If you’re wondering whether to buy now or wait, ask me. I run the numbers with you so the decision is strategic, not emotional. If you don't know your options, you don't have any. 

Sara Tufano
203.623.8402
sara@saratufanohomes.com
Instagram @saratufanohomes