As we roll into the second quarter of 2025, the national real estate market is continuing to adapt to broader economic shifts, changes in interest rates, and evolving buyer priorities. Whether you're looking to buy, sell, or invest, here's what you need to know right now.

📉 Mortgage Rates: Signs of Stability

After the turbulence of 2023 and 2024, we’re finally seeing some steadiness in mortgage rates. Most buyers are securing loans in the high 6% to low 7% range—still elevated compared to the record lows of recent years, but far more predictable than the spikes we’ve seen.

This consistency is creating renewed confidence among buyers. First-time homeowners and move-up buyers alike are beginning to re-enter the market, knowing they can plan with more certainty.

🏠 Inventory Is Still Tight—But It’s Improving

Inventory challenges aren’t behind us just yet. Across the country, housing supply remains lower than pre-pandemic norms, especially in suburban and mid-size cities where demand continues to outpace supply.

That said, we’re seeing promising signs:

• New construction is ramping up in many regions

• Sellers are gaining confidence and returning to the market

• Buyers have more choice than they did a year ago

These shifts are creating slightly more balanced conditions, especially in previously red-hot markets.

📈 Prices Remain Resilient

National home prices are holding steady—and even trending upward in several markets. While we’re not seeing the rapid appreciation of 2021–2022, prices are buoyed by continued demand and limited supply.

It’s important to note that price performance varies significantly by region. Some markets are experiencing modest corrections, while others are continuing to appreciate thanks to factors like strong job growth, desirable school districts, or increased inbound migration.

What This Means for You

Whether you’re planning a move this year or simply keeping an eye on the market, one thing is clear: real estate remains a powerful long-term investment. With smart strategy, local expertise, and a trusted team by your side, you can navigate this market with clarity and confidence.

If you're curious about what this national update means for your local market—or want help making a game plan—our team at Align, brokered by eXp Realty, is here to guide you every step of the way.

📍 Let's connect and talk strategy. The opportunities are out there—you just need the right partner to help you find them.