The 3 Housing Market Questions Everyone Seems To Be Asking Right Now

 

                                                                Image courtesy of Freepik

                                    

Whether it’s at a holiday party, a family get-together, or chatting with friends over coffee, real estate always finds its way into the conversation. And honestly, we get why—this market has kept everyone guessing.

Here are the three questions we're hearing over and over again right now, along with simple, honest answers to help you feel more confident about what’s really going on.


1. “Will I even be able to find a home if I want to move?”

Short answer: Yes. And definitely more than you could a year or two ago.

Inventory has been slowly but steadily improving. In fact, Realtor.com reports that we’ve had over one million homes on the market for six straight months—the first time that’s happened since 2019.

Here’s what that means for you:

  • Buyers finally have more choices.

  • Sellers have more options for where to go next.

If you stopped searching last year because nothing fit your needs, it might be worth taking another look. We're not in that frantic “homes disappear in 24 hours” environment anymore. There’s a bit more breathing room now, which means more chances to compare, think things through, and make a confident decision.

2. “Will I ever be able to afford a house?”

Good news: affordability is improving.

I know the last few years have been rough for buyers. But lately, we’ve seen two very welcome shifts:

  • Mortgage rates have been easing down

  • Home price growth is slowing to a more normal pace

Together, that can mean hundreds of dollars saved each month compared to what payments would have looked like earlier this year.

Buying is still a big step, of course—but many people who thought homeownership was out of reach are finding that the numbers are starting to move back in their favor.

If you’re unsure where to start, getting pre-qualified and running real numbers can be a real eye-opener.


3. “Should I wait for prices to come down?”

This is probably the question we're asked the most. And we get it—no one wants to buy at the “wrong” time.

Here’s the truth: a major price drop isn’t what the data is pointing to.

Yes, inventory is up, but not enough to push prices down significantly nationwide. And unlike 2008, homeowners today have strong equity and solid financial footing.

According to multiple forecasts (including Fannie Mae), prices are expected to keep rising—just not as dramatically as they did the last few years.

That’s why trying to “time the market” usually backfires. Historically, the people who benefit the most are the ones who get into the market and let time and equity work in their favor.


Bottom Line

There’s a lot of noise out there about real estate, and not all of it is accurate. If you’re thinking about buying or selling, or if you’re just curious about what these trends mean for your goals, we're here to walk you through it.

Whether you need a market update, a game plan, or just honest advice, we're here to help.


D'Ann & Melissa


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