While home purchasers are worried about the increase in their monthly payment.
Sellers to should be concerned about their bottom line.
With the tremendous lack of inventory why wait till spring when the buyers payments will be higher. You have a strong advantage by listing while the inventory is low and buyers are hungry.
But, how does this effect the seller?
How much the purchasers is qualifying for. This will change the price point they are searching. Based on their debt 
to income, how much they qualify for will decrease, because of the increase in payment. It can dynamically change the market prices, or how much the seller is paying the buyer in closing costs.
Why would it increase the sellers contribution to purchaser closing costs?
The seller may have to anti up more in closing costs for the purchaser to get their interest rate down to a payment they can afford. Prices don't necessarily need to come down, but the bottom line for the seller very well may. Can you see though, how it can bring prices down based on what price point the lender says they can shop in?
The purchasers only other option? Is to go conventional, which requires 5% down payment in lieu of FHA's 3.5%. So again if first time home buyers are tight on cash, and are forced to go conventional because payments will be cheaper, they are certainly not going to be able to carry their own closing costs and they are forced to bring more money to the table.
Seller, my suggestion?
Get on the market NOW. Your net number just may change in a few months.
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