I recently joined Johnny Manson on Local Matters to talk about what’s happening in today’s housing market. Here are the key takeaways for buyers, sellers, and homeowners considering a refinance.

Mortgage Rates: Steady but Flexible Options

Rates are holding steady in the mid-6% range (around 6.5%–6.75%). While that’s higher than the historic lows we saw a few years back, buyers still have options.

• Rate Buydowns: Sellers are often willing to contribute toward lowering your rate.
• 5-Year ARMs: Adjustable-rate mortgages can start in the high-4% to low-5% range. For many homeowners who move or refinance within 5 years, this can be a smart play.

Inventory: Buyers Have Leverage

In Grays Harbor County, there were 464 homes on the market in June — 340 of them in Ocean Shores. Average days on market: 87.

That means:

• Homes are sitting longer.
• Buyers may find more negotiating power.
• Properly priced and staged homes still sell quickly.

Real-Life Wins

Recently, I’ve helped first-time buyers achieve homeownership and even closed a reverse mortgage, what I like to call Mortgage Freedom Day. For many, it’s about unlocking the right strategy for their stage of life.

Let’s Talk Strategy

Whether you’re buying, selling, or considering a refinance, the current market offers opportunities if you know where to look.

👉 Connect with me on social media:

• Facebook: Larry Burgher – Empire Home Loans
• Instagram & TikTok: @LarryTheHomeLender

Or reach out directly — I’d be happy to run the numbers for your situation.

---

Larry Burgher – NMLS #1887785
Empire Home Loans