The housing market just got a major shift — and it could be the opportunity you’ve been waiting for.
Mortgage rates just dropped to 6.13% — the lowest level since October 2024. That small shift is already making a big difference. According to the Mortgage Bankers Association, buyer applications for home loans are up 23% compared to this time last year.
Here’s why this matters:
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Affordability is improving. Even a slight rate drop can save buyers hundreds of dollars per month, which makes them more motivated to act now.
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Demand is rising. Buyer traffic is the strongest it’s been since July, and homes are starting to move faster than they did earlier in the year.
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Inventory is still limited. Many sellers haven’t noticed this shift yet, so listing now may give you an edge before competition increases.
What this means for you:
If your home didn’t get much attention earlier this year, the market conditions are very different today. Listing now could help you capture renewed demand while other homeowners are still sitting on the sidelines.
Yes, more buyers may show up if rates continue to fall — but that also means more sellers will list too. Acting sooner helps you stand out while the window is still narrow.
Bottom line: Buyers are watching rates closely, and many are jumping back in as affordability improves. This may be one of the best opportunities in 2025 to sell your home.
We provide a free home valuation and a personalized strategy to help you make the most of this moment.
Posted by Dan Kennedy on
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