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Homebuyer Updates, Market InsightsPublished May 3, 2025
Homebuyer Update - Week of May 1st, 2025
Recession Headlines Are Growing—Here’s Why Buyers Shouldn’t Wait
You’ve probably seen the headlines—talk of a potential recession is heating up. While that might sound scary, history tells a different story for homebuyers.
During 5 of the last 6 recessions, home prices actually increased (Core Logic).
Lower mortgage rates often follow recession fears, giving buyers more purchasing power. In fact, rates have dropped to the lowest level in three weeks (Mortgage News Daily), and buyer demand is climbing.
If you wait for prices to fall, you might miss out on lower rates and rising home values.
Let’s connect and talk about a smart plan for you to capitalize on today’s opportunities before conditions change.
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Jamie Estes
Operating Partner | Estes Group Powered by Place | Keller Williams LO Realty
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