As we move through the second half of 2025, the housing market continues to shift—and whether you’re buying, selling, or simply staying informed, understanding the latest trends is key to making smart decisions.

Here’s a snapshot of where things stand and what you should watch for in the months ahead:

Mortgage Rate Forecasts: No Major Drops Ahead

Many buyers have been holding out for mortgage rates to drop significantly—but experts now project that rates will remain in the 6% range through the rest of the year. While that’s lower than the peaks of the past couple of years, it's far from the dramatic decline some were hoping for.

What this means for you: Waiting for rates to fall further may not be the winning strategy. If you’re financially ready to move, today’s rates—while not at historic lows—are still manageable, and acting now could help you lock in a home before prices rise further.

Home Price Outlook: Continued Growth

Despite talk of a cooling market, the forecast for home prices in the second half of 2025 is still positive. Most experts agree that prices will continue to rise, though at a more moderate pace than recent years. This slow, steady growth is a sign of a more stable and sustainable market.

If you're buying: Purchasing sooner rather than later could save you money in the long run as prices climb.

If you're selling: You’re in a good spot—home values are expected to remain strong, and there’s still solid demand from buyers.

Foreclosures: Don’t Let the Headlines Fool You

Foreclosure activity has increased slightly—but it’s nowhere near crisis levels. In fact, the rise is largely due to a return to more normal patterns following pandemic-era protections. Most homeowners today have plenty of equity and are in a much stronger financial position than during past downturns.

The bottom line: The housing market is not heading for a crash. The uptick in foreclosures doesn’t signal widespread trouble—it’s simply the market finding its footing again.

Selling Your Home? Avoid These Common Mistakes

If you're thinking of selling this year, don’t go it alone. Sellers often make costly mistakes like overpricing, skipping staging, or trying to time the market. In today’s market, having a solid strategy and a local expert by your side can make all the difference.

Pro tip: Work with a knowledgeable agent who understands your local market trends and can help you position your home to attract serious buyers.

What’s the Best Move for You?

The second half of 2025 offers a mix of stability and opportunity—but the right move depends on your personal situation. Whether you’re eyeing your first home, downsizing, or selling for top dollar, now’s the time to get a personalized game plan.

Let’s talk about what’s happening in our area and how you can make the most of it.