Feeling Stuck on Whether to Buy a Home? You’re Not Alone — But Here’s What to Know

If you’ve been thinking about buying a home but keep finding reasons to wait — you’re not the only one.

According to Bank of America’s latest Homebuyer Insights Report, 60% of buyers and homeowners say they’re unsure whether now is the right time to buy a home. That’s the highest level of uncertainty in three years.

So if you’re hesitating, it doesn’t mean you’re falling behind. It just means you’re navigating a complex market — and trying to make the smartest decision possible. The good news? You don’t have to do it alone. Let’s break down what’s really happening and how you can move forward with clarity, not confusion.

Why So Many Buyers Are Pausing Right Now

There’s a lot of noise out there. Rising prices, mortgage rate swings, affordability concerns — it’s no wonder many buyers are in “wait and see” mode.

In fact, 75% of potential homebuyers say they’re holding off, hoping that prices or interest rates will fall. That number has grown steadily over the past two years.

But here’s what’s important to understand: markets don’t usually shift overnight. Waiting can be smart — if it’s strategic. But waiting without a plan could cost you more down the road, especially if prices or rates stay steady (or climb).

The Flip Side: Buyers Still See Progress

Despite the hesitation, 52% of buyers believe the housing market is better than it was last year. That’s an important signal.

It means conditions are improving, even if they don’t yet feel ideal. Inventory has increased in many areas. Some sellers are more willing to negotiate. And for buyers who are prepared — mentally and financially — there’s opportunity out there.

This is especially true if you’re shopping in a market like Tomball, Cypress, Magnolia, or The Woodlands, where new listings are starting to loosen up local inventory.

Gen Z and Millennials Are Adapting in Creative Ways to Buy Home

Younger buyers — especially Gen Z — are still eager to buy, but they’re having to get creative:

• 30% of Gen Z buyers have taken on extra jobs to save for a down payment

• 22% have co-bought with siblings or friends

• 34% are willing to live with family temporarily to save more

• 21% plan to use family loans or gifts to cover some of their upfront costs

The path to homeownership has changed, but the desire hasn’t. And in many cases, that determination is what’s helping younger buyers succeed, even in a complex market.

Weather Concerns Are Shaping Buying Decisions, Too

Another factor shaping today’s market? Climate risk.

• 62% of current buyers and owners worry about weather-related damage

• 38% have changed their preferred location because of it

• In Houston-area suburbs, this means more buyers are prioritising higher-elevation areas or avoiding flood zones

If you’re buying in Southeast Texas, this is something to keep in mind — and to discuss with your agent. The long-term value of your home depends on more than just the list price. Understanding climate risk and insurance costs is a smart move.

So... Should You Buy Now or Wait?

Here’s the real question: are you waiting for the perfect market — or for the right moment in your life?

Yes, interest rates and prices matter. But so does your budget, your job, your goals, and your living situation.

Instead of trying to “time the market,” consider these steps:

• Talk to a local agent to understand what’s happening in your neighbourhood — not just nationally

• Meet with a lender to see what today’s numbers mean for your monthly payment

• Explore all your options — including down payment assistance, co-buying, or different locations

Most importantly, make a plan. The worst feeling isn’t buying at the wrong time — it’s doing nothing at all and watching your buying power shrink over time.

You Don’t Need to Rush — But You Do Need a Plan

You’re not wrong to be cautious. This is one of the biggest decisions you’ll make — and you should feel confident before you act. But you don’t have to figure it out on your own.

If you’re thinking about buying in Northwest Houston or beyond, let’s talk about your goals, budget, and timing. Whether you’re ready now or just starting to explore your options, having a plan puts you ahead of the market — no matter what the headlines say.