Why Now Might Be the Smartest Time to Buy a Home in Grand Forks

Barbara Corcoran smiling in a circular frame overlayed on a suburban home background at sunset, with her quote: "When things are uncertain... that makes uncertain markets the best time to buy!" displayed beside her.

Thinking about buying a home in Grand Forks, ND—but feeling unsure? You’re not the only one.

Mortgage rates are still high. Home prices haven’t cooled much. And there’s no clear signal from the Fed. If you’re feeling stuck, it makes sense.

But Barbara Corcoran—the real estate powerhouse who turned $1,000 into a multimillion-dollar empire—says this kind of market is exactly when smart buyers in places like Grand Forks make their move.

In a recent interview with Realtor.com®, Corcoran put it plainly: Uncertainty scares people off. But for buyers ready to act, that hesitation creates opportunity.

“When things are uncertain, buyers hesitate… That makes uncertain markets the best time to buy!” — Barbara Corcoran

While most sit and wait for “perfect,” savvy buyers in Grand Forks are making real estate moves now.

Here are the three signs Corcoran watches for—and how they show up in the Grand Forks housing market.


1. You Can Buy Below Market Value in Grand Forks

One of the best times to score a deal on a home in Grand Forks is when fewer buyers are competing—and that’s exactly what we’re seeing.

“Anything bought below market will prove a good investment.” — Corcoran

According to Realtor.com’s April 2025 Housing Report:

  • Inventory is up 30.6% year over year (the highest level since 2020).
  • Pending home sales are down 3.2%, so more listings are sitting unsold.
  • Sellers are more flexible, lowering prices and open to negotiation.

That’s a major shift in buyer leverage. If you’re shopping for homes for sale in Grand Forks right now, you’ve got more room to negotiate—not just on price, but also repairs, closing dates, and concessions.

Forget trying to time the bottom. This is about reading the market and knowing when it favors buyers like you.


2. Sellers in Grand Forks Are Getting More Flexible

In hot markets, sellers hold all the cards. But in Grand Forks, more sellers are realizing they can’t be as picky as they were even a few months ago.

“Sellers who turned me away four months ago are calling me back.” — Corcoran

That’s exactly what’s happening locally. Listings that would’ve gone under contract in days last year are now sitting. Sellers are circling back, open to offers they might’ve dismissed earlier.

Right now in Grand Forks, you might find:

  • Sellers willing to cover closing costs
  • Room to negotiate on price or move-in dates
  • Flexibility on inspection items or repair credits

If you find a home you like, Corcoran says: don’t wait for permission. Make a move.


3. The Grand Forks Market Feels “Spooky”—and That’s a Signal

Inflation, interest rates, the election—there’s plenty of noise making people second-guess big financial moves. But that uncertain vibe? It’s exactly what Corcoran looks for.

“In the spooky economic and political market we’re experiencing, there are great deals to be had—you just have to get off your butt and make an offer!”

If you’re feeling uneasy, that doesn’t mean now is a bad time to buy a home in Grand Forks. It might mean you’re right on time.

“I’ve overpaid for almost every piece of property I’ve bought. If I like it, I buy it… I don’t live to regret it.” — Corcoran

Think about where you’ll be in five or ten years. Home values in Grand Forks have grown steadily—[insert local stat here, e.g. “up 12% over the past 3 years”]. Even if you feel like you’re stretching a bit today, long-term equity could more than make up for it.


Bottom Line: Waiting Could Cost You

If you’re waiting for interest rates to drop or prices to fall, you might miss the window that buyers like Corcoran run toward.

The best time to buy a home in Grand Forks, ND isn’t always when things look perfect—it’s often when the market feels uncertain and other buyers are frozen.

Opportunity is here. Don’t miss it.


Want help navigating the Grand Forks housing market? I would love to connect with you. I can help with you find a lender and set you up with a game plan to make your next move. Just say the word.

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2 thoughts on “Why Now Might Be the Smartest Time to Buy a Home in Grand Forks”

  • Media

    This is an interesting perspective on the shift in homeownership trends. It’s reassuring to hear that delaying homeownership isn’t a setback but rather a strategic move. The emphasis on financial maturity and life experience makes a lot of sense—it’s true that priorities change as we grow older. However, I wonder if this trend could have long-term effects on the housing market, like increased demand for smaller homes or rental properties. Do you think this shift will eventually lead to more affordable housing options, or will prices continue to rise regardless? It’s also worth considering how this impacts younger generations who might feel pressured to follow the same path. What’s your take on balancing financial stability with the desire to own a home earlier in life?

    Reply
    • Josh Tuinder

      Great points—thank you for such a thoughtful comment. You’re right: the shift toward later homeownership is less about delay for delay’s sake and more about making smarter, more informed decisions. Financial maturity, career stability, and clarity around lifestyle goals can make all the difference in buying a home that actually fits long-term needs.

      As for the broader impact on the housing market—yes, we’re already seeing ripples. Increased demand for smaller, lower-maintenance homes and rentals is influencing new construction trends. However, whether this leads to more affordable options is a tougher question. Prices often hinge more on inventory, zoning, and policy than on buyer age alone. But if enough buyers shift toward smaller footprints, developers may follow, which could improve access and affordability in some markets.

      Regarding younger generations: it’s a tricky balance. There’s no one-size-fits-all answer. Some people thrive by buying early and building equity. Others benefit from waiting, renting, or even relocating to get what they want financially and personally. The key is helping buyers understand why they’re buying and what trade-offs they’re willing to accept.

      Bottom line: buying a home earlier isn’t wrong—but waiting can be very right, depending on your situation.

      Reply

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