Week 1: The Smart Start — Understanding Today’s Real Estate Market
Whether you’re buying your first home or preparing to sell, knowing the current market landscape can help you move forward with confidence—and avoid costly missteps.
Here’s a snapshot of where things stand nationally:
- Mortgage Rates: As of April 2025, the average 30-year fixed mortgage rate is hovering around 6.6% (up from 6.3% last month).
- Housing Inventory: Active listings remain 21% below pre-pandemic levels, creating more competition in many markets.
- Buyer Demand: Despite higher rates, demand remains steady—especially for well-priced, move-in-ready homes.
What does this mean for you? Buyers may need to act quickly when the right property hits the market, while sellers should focus on strategic pricing and strong presentation to stand out.
One of the best moves you can make: work with an agent who knows how to navigate this environment—and is motivated to win your business. At Seeking Agents™, agents compete to work with you, often offering reduced commissions or added services to stand out.
This series will guide you through every phase of the real estate journey. Up next: how to budget smartly and understand your financing options.
Next Week: Know Your Numbers — Budgeting and Financing Basics