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Nearly half of home sellers are offering concessions

Housing Wire

home sellers offered concessions to buyers in near-record numbers during the first quarter of 2025 as rising housing costs , high mortgage rates and growing economic uncertainty continued to reshape the real estate landscape. Seller are turning to concessions more frequently as buyers grow more cautious. Thats up from 39.3%

Sellers 433
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The two big housing market trends to watch in 2025

Housing Wire

However, there are two big trends that stand out as we launch into 2025 affordability and sellers in the market. In 2025, housing affordability in the U.S. That growth is in jeopardy if we stay at the high end of the mortgage rate range into the first quarter 2025. The elephant in the room is affordability.

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Sellers Could Profit More in 2025 as Competition Softens

Appraisal Buzz

Timing is crucial in a difficult real estate market, and this year, the Realtor.com Best Time to Sell study indicates that the best time for sellers to discover the best balance of market circumstances is between April 13 and April 19. Reduced rivalry between sellers: This week would have 13.2% more than the average week of the year.

Sellers 367
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2025 could be the last year of inventory shortage

Housing Wire

Home prices in 2025 are a couple percentage points above where they were last year at this time. New listings To get a lot of homes on the market though we need some sellers. In total, it was another week with fewer home sellers that last year. Its hard to grow inventory too much when there arent many sellers.

Inventory 495
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More home sellers but fewer home sales

Housing Wire

That’s 12% more sellers than a year ago. This is the trend that will be the theme for 2025. It seems more sellers are coming out every week and that will keep inventory pushing upward. Sellers are up, but sales are down. There were 12% more sellers this week than the same week in early January 2024.

Sellers 418
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What rising inventory means for the 2025 housing market

Housing Wire

And 2025 is poised to continue the trend of rising inventory across the country. Well probably finish 2025 with 15% more homes available than we have now. How will that impact home prices in 2025? Lets look at last weeks data and see if we can tease out the signals for impact on the 2025 housing market.

Inventory 418
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Home price signals continue to weaken for 2025

Housing Wire

There are three big trends in the spring 2025 housing market: Supply continues to build. Because each week we have 815% more sellers than last year, the total inventory will continue to build unless and until demand shifts dramatically, which would require notably lower mortgage rates. Thats right about what well end 2025 with also.