The housing market saw significant “softening” in February, with inventory rising, demand shrinking, and buyers regaining more control while sellers find themselves in a tough position. Why is this happening now, especially as mortgage rates continue to dip? With recession fears and economic tensions running high, Americans worry what’s coming next, causing much of the economy to shift. With price declines already happening in some markets and more potentially on the horizon, when is the right time to buy?
We’re back with a March 2025 housing market update, going over what’s happening in the national housing market, which states are seeing the hottest (and coldest) housing demand, what’s going on with mortgage interest rates, and why the market is noticeably softening.
But the real question remains: How can YOU continue building wealth while others fear the worst? Is this your “be greedy when others are fearful” moment? Dave is giving his take and sharing how he’s tailoring his own investing strategy in 2025.
Find investor-friendly tax and financial experts with BiggerPockets Tax & Financial Services Finder!
In This Episode We Cover:
Why the housing market is starting to noticeably “soften” in 2025
Hottest/coldest housing markets in the United States with the most/least inventory
Are price declines coming? Whether we’ll end this year with negative price growth
Why mortgage rates are dropping, but housing demand isn’t rising
Why real estate could be the “First In, First Out” investment of 2025’s wild economy
Whether or not now is the time to buy and what could cause a reversal of these worrying trends
And So Much More!
Links from the Show
Join BiggerPockets for FREE
Let Us Know What You Thought of the Show!
Ask Your Question on the BiggerPockets Forums
BiggerPockets YouTube
Apply to Be a BiggerPockets Podcast Guest!
Redfin Housing Market Data
ResiClub Housing Inventory Data
Consumer Confidence Index
Unemployment Claims Data
GDPNow
Invest in Private Market Real Estate with the Fundrise Flagship Fund
Invest in Any Market Cycle with “Recession-Proof Real Estate Investing”
Sign Up for the BiggerPockets Real Estate Newsletter
Find Investor-friendly Tax and Financial Experts
Will Mortgage Rates Fall Below 6%? Here’s What Could Trigger Low Rates
Connect with Dave
(00:00) Intro
(01:54) The Market is “Softening”
(03:19) Inventory is Rising
(07:48) Hottest/Coldest Markets
(12:22) Price Declines Coming?
(13:39) Mortgage Rates Are Dropping
(19:10) The FIFO Scenario
(26:11) Should You Buy NOW?
Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-1098
Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com.
Learn more about your ad choices. Visit megaphone.fm/adchoices
