Homebuying season: 4 things to know about the 2025 housing market

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Fri, May 9, 2025

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Homebuying season: 4 things to know about the 2025 housing market

^{Published on 2025-05-08 22:09:42 - NewsNation}

Inventory is up, but prices and mortgage rates remain stubborn. Here's what to know about the 2025 homebuying season.

The article from Yahoo News discusses four key aspects to consider during the homebuying season. Firstly, it highlights that despite high home prices and elevated mortgage rates, the spring season typically sees increased buyer activity, suggesting that now might still be a good time to buy. Secondly, it advises potential buyers to get pre-approved for a mortgage to understand their budget and strengthen their offer. Thirdly, the article emphasizes the importance of being prepared for a competitive market, where bidding wars are common, and suggests being ready to act quickly and possibly offer above the asking price. Lastly, it recommends working with a knowledgeable real estate agent who can provide valuable insights and help navigate the complexities of the current market.

Read the Full NewsNation Article at:
[ https://www.yahoo.com/news/homebuying-season-4-things-know-223817748.html ]

N@N

Homebuying season: 4 things to know about the 2025 housing market