Why Waiting for Rates to Drop Could Cost You More

“Everyone’s waiting for rates to drop — but here’s the truth: when they do, prices go up.”

If you’ve been sitting on the sidelines thinking, “I’ll buy when the rates come down,” you’re not alone. I hear this every week from buyers who genuinely want to make a smart financial move. The intention is good — but the strategy often backfires.

Here’s the reality: the moment rates dip, competition explodes. Inventory in Corona is already tight, especially in popular areas like South Corona, Sierra Del Oro, Eagle Glen, and The Retreat. When more buyers flood back into the market, prices get pushed up fast.

Think about it this way.
Today, the home you’ve been eyeing might be listed at $800,000.
Once rates drop? That same home is suddenly $850,000… and now you’re competing with five other offers.

That’s the part most buyers don’t factor in — the cost of waiting.

The smartest buyers are the ones locking in the home now, before the rush, and planning to refinance later when rates inevitably adjust. You’re essentially stepping into equity instead of chasing it.

Timing the market perfectly is nearly impossible. But positioning yourself ahead of the crowd? That’s where real strategy lives.

If you’re thinking about buying in Corona — whether it’s South Corona, Eastvale, Temescal Valley, or any of our family-friendly neighborhoods — let’s talk through your options. A strong plan can save you thousands and put you ahead of the market instead of behind it.

Ready when you are.