The Top 3 Housing Market Questions Everyone Is Asking This Holiday Season

During holiday gatherings—whether with family, coworkers, or friends—the conversation often turns to the housing market.

To help you navigate the chatter with confidence, here are the three questions that keep coming up this season, along with clear, straightforward answers.

1. “Will I actually be able to find a home if I want to move?”

The good news: yes, homes are more available now than they were a year or two ago.

Over the past few years, the number of homes for sale has steadily increased. Reports that there have been over one million homes on the market for six consecutive months—a milestone not reached since 2019.

What does this mean for you?

• Buyers have more options than before.

• Sellers have more opportunities to move to a new home.

If you paused your search last year because the options were limited, now is a great time to take another look. With more listings available, homes aren’t disappearing instantly, giving buyers more time to explore, compare, and make confident decisions.

2. “Will I ever be able to afford a house?”

Affordability is finally improving.

The past few years were challenging for buyers, but recent trends bring some relief:

• Mortgage rates have started to ease.

• Home price growth is slowing down.

The result? Monthly mortgage payments are now hundreds of dollars lower than they would have been just a few months ago, making homeownership a more attainable goal for many.

3. “Should I wait for prices to drop?”

While some worry about a housing market crash, the data suggests otherwise.

Although inventory is rising, it’s not enough to trigger a significant national price decline. Homeowners today have strong equity and financial stability, unlike in 2008.

Local markets may vary: some areas are still seeing price growth, while others are stabilizing. On a national scale, Fannie Mae projects that home prices will continue to rise, just at a more moderate pace.

Trying to time the market for a “perfect deal” rarely pays off. History shows that consistent participation in the housing market tends to build long-term wealth more reliably than waiting for a major price drop.

Bottom Line

Housing market conversations can feel overwhelming, especially with so many opinions floating around. If you want a clear understanding of what these trends mean for your personal goals, let’s connect and map out a strategy together.