"Michael helped my husband and I sell our first home. We were pretty nervous about the process but he helped us through that. His marketing of our home was absolutely amazing. We were pleased the process went so smooth."  — S.L.

Current State of the Real Estate Market as of April 2025

The current real estate market reflects a complex mix of trends and challenges. Nationally, housing inventory remains constrained, which continues to drive prices upward in many regions. Despite ongoing economic uncertainties, potential buyers are still actively seeking homes.

Mortgage rates have seen fluctuations, impacting affordability. They are higher than they were during the pandemic boom, but recent trends suggest a gradual stabilization that may encourage more buyers to enter the market. Many buyers are adjusting their expectations and exploring alternative financing options to navigate these higher rates.

In metropolitan areas, competition is still evident, especially for well-priced properties in desirable neighborhoods. Conversely, some rural and suburban markets are witnessing slower sales as remote work policies solidify, causing a shift in buyer preferences.

Although some analysts express concern over a potential market correction, many regions show resilience driven by strong job growth and a continuation of household formation. Overall, while challenges exist, the demand for housing remains strong, particularly in markets that offer good amenities and access to employment centers.

Prospective buyers and sellers need to stay informed about local market conditions and trends to make well-informed decisions.