April 2025 Housing Market Update: A Shift That Favors Buyers

If you've been waiting for the right time to jump into the housing market, you might not have to wait much longer.

According to the latest data from HousingWire, the U.S. housing market is starting to shift. And for homebuyers, this could be a window of opportunity.

Home Prices Are Starting to Cool Off

In April 2025, the median home price across the country was $414,000. While that's still higher than this time last year, the pace of growth has slowed to just 1.8%—a sign that the market may be stabilizing. For buyers, this means less pressure to act fast and more room to negotiate.

Inventory Is Up—Big Time

One of the most encouraging developments for homebuyers is the 20.8% increase in homes for sale compared to the same time last year. That means more choices, more competition among sellers, and potentially better deals for those looking to make a move.

Buyers Are Backing Off (Which Could Help You)

Ongoing economic uncertainty—think inflation, interest rate volatility, and recent trade policy headlines—has led many buyers to hit pause. In fact, contract cancellations are up, which means fewer bidding wars and more leverage for serious, prepared buyers.

Sellers Are More Willing to Work with You

With more homes on the market and fewer buyers ready to pull the trigger, many sellers are becoming more flexible. This could look like price reductions, covering closing costs, or offering credits for repairs.

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Why This Matters for You

The market is moving, and if you’re financially ready, now could be a strategic time to explore your options. You don’t need to time the “perfect” rate or the lowest price—you just need to be informed, pre-approved, and ready to act when the right home hits the market.

Whether you're a first-time buyer or looking to upgrade, we're here to help guide you through the process.

???? Let’s talk about your next steps and what this shift could mean for your goals.

* Specific loan program availability and requirements may vary. Please get in touch with your mortgage advisor for more information.