May 1, 2025 Housing Market Snapshot: Opportunities Amid Shifting Trends

As we step into May, the U.S. housing market presents a dynamic landscape shaped by recent developments. Here’s a concise overview to keep you informed:

Market Highlights:
New Home Sales Surge: March witnessed a notable increase in new home sales, offering a positive signal for the market. (‘Bright Spot’ in Housing Market Expected to Be Short Lived)

Inventory Expansion: The number of homes for sale rose by 28.5% year-over-year in March, marking the 17th consecutive month of inventory growth. (March 2025 Housing Market Trends Report—Realtor.com Research)

Mortgage Rates:The average 30-year fixed mortgage rate has slightly decreased to 6.81%, down from 6.86% the previous week. (Mortgage Rates Retreat Again As Markets Calm)

Implications for Buyers and Sellers:
For Buyers: The increase in inventory provides more options, and the slight dip in mortgage rates could enhance affordability.

For Sellers: While the market is becoming more competitive, pricing strategically and highlighting unique property features remain crucial.

If you’re considering buying or selling, now is an opportune time to discuss your goals and navigate the market effectively.
Feel free to reach out to schedule a consultation.

Steve Cardinalli
Real Estate Professional, 01323509
(760) 814-0248
Steve@Cardinalli.com
www.Cardinalli.com
Century 21 Affiliated Fine Homes & Estates
Village Faire in Carlsbad Village
300 Carlsbad Village Dr, 223
Carlsbad, CA 92008

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