Many people have the notion that there are times of good markets and bad markets. My experience over the years has been that a serious seller will experience success no mater what the rest of the market is doing. The market in my business has been an abstract theory that has had very little effect on the number of houses sold. The market does have fluctuations upward and downward as to prices. Interest rates can tend to dampen the market, however a motivated seller has many creative options in which to make their home more attractive.
Sellers can buy down the interest rates for the buyer.
Lease options and contract of sale are other ways to get around the interest rate dilemma. The real problem with the interest rate effect on the market is how the public perceives rates to be and their feeling of security in the future. When you need or desire to sell your home do not listen to rumor and speculation. Market conditions should not dictate when you are going to sell your home as long as you are going to buy another home within a short time. I have sold and purchased in flat, upward and downward markets and have been able to accomplish my goals in all situations.