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Is It Smart to Buy a Home Right Now? The U.S. Housing Market Is a 'Mixed Bag,' Broker Says
- In May 2025, the median U.S. home price reached $442,000, up 0.9% from a year ago, reflecting current market conditions.
- This modest price increase follows rising inventory, fewer bidding wars, and more sellers offering concessions amid elevated mortgage rates and tariffs.
- In May, roughly 22% of listings experienced price reductions, while in April, nearly 44% of home transactions involved seller concessions, boosting buyers’ leverage in negotiations.
- Redfin and Zillow forecast a 1–1.4% home price decline by the end of 2025, while Redfin's Chen Zhao warned mortgage rates likely won't fall without tariff removal or a recession.
- Experts call the market a "mixed bag" with easing prices and longer market times signaling a shift toward balance, offering opportunities for well-prepared buyers.
12 Articles
12 Articles
Buying a house that is auctioned sounds like a good deal. Often these houses are cheaper than a regular sale. A starter on the housing market remains enthusiastic, even after all the risks have been discussed.
NBC San Diego
Is it smart to buy a home right now? The U.S. housing market is a ‘mixed bag,' broker says
Home prices remain an obstacle, but buyers have had more power to negotiate so far in 2025.
Homebuyers face less housing market competition from investors right now
Want more housing market stories from Lance Lambert’s ResiClub in your inbox? Subscribe to the ResiClub newsletter. During the pandemic housing boom, real estate investors rushed in. With home prices and rents soaring—and mortgage rates hovering at historic lows—investor purchases surged. But since mortgage rates spiked in 2022, the investor landscape has shifted dramatically. The easy-money days are gone, and investors are now navigating a much…
If You’re Frustrated Because You Can’t Find a House You Like, You Might Have Unrealistic Expectations
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