The 3 Housing Market Questions Everyone’s Asking This Season

Whether it’s at a family gathering, your company holiday party, or catching up with friends, the housing market always seems to come up.

Here are the top three questions on everyone’s minds this season and clear, practical answers to help you feel confident about your next move.

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

Yes, more than you could a year or two ago.

Inventory has been steadily increasing, with over one million homes on the market for six straight months, according to Realtor.com. That’s something we haven’t seen since 2019.

What this means for buyers and sellers:

• Buyers have more choices than before.

• Sellers have more options for their next home.

If you paused your home search last year because the options were too limited, now is a great time to revisit. With more homes available, you’re not competing for the same handful of listings, and homes aren’t flying off the market immediately. That gives you time to make thoughtful decisions and find the right fit.

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

Affordability is starting to improve.

After years of rising rates and prices, 2025 is bringing some relief:

• Mortgage rates are easing, making monthly payments more manageable.

• Home price growth is moderating, so buyers are seeing smaller increases than in previous years.

Together, these trends are lowering monthly payments by hundreds of dollars compared to a few months ago. Buying is still a major decision, but homeownership is becoming more attainable again for many buyers.

3. “Should I wait for prices to drop?”

Many people worry that the market is about to crash but the data doesn’t support that.

While inventory is up, it’s still not enough to trigger significant national price drops. Plus, homeowners today hold strong equity, putting them in a healthier position than during past housing downturns.

Local markets vary: some areas are still climbing, while others are leveling off or experiencing minor corrections. Overall, experts, including Fannie Mae, project that home prices will continue rising, but at a slower, more sustainable pace.

Waiting for a major price drop isn’t usually the best strategy. Historically, long-term wealth comes to those who participate in the market, not those trying to perfectly time it.

Work with a Trusted Local Expert

Housing market conversations can be overwhelming, especially when you hear conflicting opinions. If you want clarity on how these trends affect your goals, Joseph Malerba Real Estate, eXp Realty, a top realtor in Connecticut, can help.

From understanding local market conditions to creating a plan for buying or selling, Joseph provides expert guidance so you can make confident decisions. Don’t wait! Connect with Joseph Malerba Real Estate, eXp Realty today and take control of your next move.