The Market Is Changing — Here’s What You Should Know
If you’ve been paying attention to the headlines, you already know – the real estate market is shifting. But what does that actually mean for you, whether you’re thinking of buying, selling, or just watching from the sidelines?
Today’s market isn’t yesterday’s market – and understanding the difference can save (or make) you thousands.
Here are 3 key ways the real estate market is changing right now:
1:
Higher Interest Rates Are Rewriting Affordability
As of April 2025, average 30-year mortgage rates hover around 6.8%, compared to the 3–4% range just a couple of years ago. This has dramatically shifted buying power and monthly payment expectations.
Source: Freddie Mac – Primary Mortgage Market Survey
2:
Rising Inventory Levels
Source: National Association of Realtors
