Should You Buy a Home in 2025?
We’ve officially landed in the middle of spring real estate season, and I’m so thankful to wake up each day and work alongside incredible clients and friends in this journey. 🌼 But while the days are getting longer and warmer, the market? It’s a bit stormy underneath the surface.
Every spring, it’s common to hear, “It’s the perfect time to buy!” But is that really true this year? Recently, I came across a stat-packed post from housing expert Lance Lambert that really hit home:
❗ It would take a 69% increase in income for homes to feel affordable again.
❗ Home prices would need to drop 41% to match pre-pandemic affordability.
❗ Mortgage rates would have to fall over 4% to restore buying power.
Pretty wild, right? Translation: Affordability is stretched for many buyers right now. So, is buying a home in 2025 a smart move? It depends on your long game. If you're hoping to buy, do a quick cosmetic fix, and flip it within the year—this market could work against you. But if you're planning to stay put for several years and want to invest in your future, there's reason to be optimistic.
Here’s what I’m seeing:
📌 Inventory is climbing—more homes are coming on the market, giving buyers more choices.
📌 Buyer interest is growing again—home showings and online searches are rising.
📌 Some sellers are adjusting expectations—making room for meaningful negotiations.
In other words, there’s a shift happening. It's not the gold rush of 2021 anymore, but that doesn't mean the door is closed. You just need a smart approach.
I took the opportunity to dive into this topic more this week in my latest video. Watch the Video Now
I hope you found this helpful and as always, I’m here if you have any questions. Let’s chat about your goals.
