Are you thinking about selling your house in Kitsap County? With today’s mortgage rates and various personal factors at play, determining the best time to sell can feel complex. But there’s good news from the latest Home Purchase Sentiment Index (HPSI) by Fannie Mae, which indicates that now could be an ideal time.

If you’ve got a move on your mind in Kitsap County, you may be wondering whether you should wait to sell until mortgage rates come down before you spring into action. Here’s some information that could help answer that question for you.

What the Headlines Are Based on

The graph below uses national data on the median rental payment from Realtor.com and median mortgage payment from the National Association of Realtors (NAR) to compare the two options. As the graph shows, especially if you’re not looking for a lot of space, it can be more affordable on a monthly basis to rent:

Realogics Sotheby’s International Realty has compiled the 2018/2019 Market Report, which profiles 8 key counties and 31 communities in Western Washington. The report also includes a 2018 retrospective, an in-depth look at Seattle’s performance on the S&P CoreLogic / Case-Shiller Home Price Index, and a 2019 Look Ahead. Below we have compiled trends in Kitsap County and Bainbridge Island.