How Rising Interest Rates Are Affecting Home Sellers

As a realtor with experience in the buying and selling of homes, commercial properties, and investment properties, I have seen the real estate industry go through ups and downs. Recently, there has been concern among sellers about how rising interest rates will affect the market. In this blog post, I will explore how rising interest rates are affecting home sellers.

Interest Rates

First, let’s define what I mean by “interest rates.” Interest rates refer to the cost of borrowing money from a lender, such as a bank or mortgage company. When interest rates rise, it becomes more expensive for buyers to borrow money and purchase a home.

So, how does this affect home sellers? Generally speaking, rising interest rates can lead to a slowdown in the housing market. If buyers are unable to afford the higher monthly payments that come with a higher interest rate, they may be less likely to purchase a home. This can lead to a decrease in demand for homes, which in turn can lead to lower prices.

Buyer Demand

However, it is also important to note that rising interest rates do not always lead to a decrease in home prices. In fact, in some cases, rising interest rates can actually increase demand for homes. For example, if buyers believe that interest rates will continue to rise in the future, they may be more motivated to purchase a home now before rates get even higher.

Additionally, other factors such as supply and demand, job growth, and economic conditions can also influence home prices.

Cost to Build

It’s also worth noting that the cost to build homes is not decreasing. As a result, home builders may be forced to raise prices to cover their own increased costs, which could also impact the overall market.

So what does all of this mean for home sellers in Washington State? The answer is that it depends on a variety of factors, including the specific location and type of property being sold, the current state of the housing market, and the overall economic conditions in the area.

If you are a home seller in Washington State, it is important to work with an experienced realtor who can provide you with insights and guidance based on your specific situation. With the right approach, even in a challenging market, it is possible to sell your home for a fair price.


In conclusion, rising interest rates can have an impact on the housing market, but it is not always a clear-cut relationship between interest rates and home prices. Sellers should be aware of the potential impact of rising rates, but should also consider other factors that can influence the market. With the right strategy and support, it is possible to successfully navigate the real estate market as a seller in Washington State.

If you would like to discuss your specific situation and get my advice on how to navigate your home buying process I am just a call / text / or email away! With Lions Realty Group on your side, you’ll receive the best care and attention available in the industry today. We are experts at helping Homebuyers get a new home, and will be here for the longterm to help sell and trade up in the future. Contact me today to get started on the home buying process with confidence! Currently assisting Clients in King County, Snohomish County, and Yakima County, with more to come.

Benjamin Record


Lions Realty Group

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