For Buyers: Why 2025 Might Be the Break You’ve Been Waiting For

If you’ve been sitting on the sidelines waiting for the right time to buy, 2025 is quietly shaping up to be one of the most buyer-friendly markets we’ve seen in years.

HousingWire analyst Logan Mohtashami reports a major improvement in key indicators for buyers: inventory is rising, listings are returning to seasonal norms, and year-over-year purchase applications have shown 18 straight weeks of positive growth. In fact, last week’s application activity was up 18% compared to this time last year.

And here’s the best news: competition is cooling in some areas. According to Mohtashami, about 39% of homes listed in 2025 have experienced price cuts, compared to 36% in 2024. That’s a clear sign of sellers becoming more flexible — and buyers having more leverage.

Mortgage rates are still a wild card, but the average is hovering just under 7%, with expectations ranging from 5.75% to 7.25% for the year. While that might sound high, spreads between the 10-year Treasury and mortgage rates have improved — and we could see further improvement if bond markets stay steady.

Here’s what’s working in your favor as a buyer:

🔑 More homes on the market than last year
💸 Price cuts are more common — giving you negotiation power
📈 Demand is steady, but not overheating
📝 Purchase application growth shows buyer momentum is back

Bottom line: this is a more balanced market. You don’t have to rush or overbid like in 2021–2022, but waiting too long could mean missing out on more favorable pricing and options before inventory starts to decline again.

Let’s talk if you’re considering making a move. We’ll explore your options, match you with the right financing partners, and create a plan that fits your timing.

Source: Logan Mohtashami, HousingWire — “Have we seen the peak in new listings?” June 2025.