Summer 2025 is turning the housing market upside down. If you’ve been waiting for the scales to tip in your favor, this is it. Buyers, take note—it’s your moment.
Home Prices: A Gentle Ascent at Last
Home prices are still climbing, but at a remarkably modest pace. This spring, national prices rose just 2%—the slowest growth since 2022. The feverish pace that sidelined buyers for years is finally slowing. Meanwhile, more properties are hitting the market, offering buyers long-overdue options. No more scrambling for overpriced leftovers, sellers are feeling the pressure, and price reductions are becoming common.
Mortgage Rates: Stable, Not Spectacular
As for mortgage rates, there’s good news: they’re steady. Current rates hover between 6% and 6.8%. While not as low as the 3% digits we saw in 2022, today’s stability is a strong advantage. In a shifting market, the security of steady rates gives buyers the confidence to make a move.
Forecasts Confirm the Shift
The National Association of Realtors predicts a modest 2.5% price growth nationwide, downgrading previous expectations of 4 to 5%. That means less guesswork on your budget. Every 30 days won’t bring surprise price spikes, making planning far more realistic.
The Market Balance Has Returned
We’re officially out of frenetic market territory. It’s no longer a race to compete, it’s a well-balanced, recalibrated space. If you’ve been hesitant to jump in, now is the time, but don’t wait too long. As soon as demand heats back up, the opportunities you’re seeing today may vanish.