After a long stretch where buyers were competing for too few homes, inventory has made a comeback over the past year. And depending on where you live, that’s opening up your options in a meaningful way.
According to Realtor.com, the number of homes available for sale in January was the highest it’s been since 2020. Here’s why that’s such a big deal. Getting back to pre-pandemic levels signals a slow and steady return to what’s typical:
Now, it’s worth noting, nationally we’re not there yet and having more inventory improving won’t suddenly “fix” the market. But the growth we’ve seen lately still changes how competitive the market feels.
- When there are more homes for sale, buyers gain time, options, and leverage.
- When there aren’t, the pressure ramps up quickly.
In the years since 2020, there weren’t enough homes for sale, and that made the market feel different. Rushed. Stressful. Intimidating.
But now it’s finally getting better.
A Growing Portion of the Country Is Getting Back to Normal
Depending on where you live, inventory growth is going to vary. Some places are bouncing back faster than others. According to Lance Lambert, Co-Founder of ResiClub, in January 2025, just a little over one year ago, only 41 of the 200 largest metros were back to normal inventory-wise.
But around the end of year, almost half (90) of the largest 200 metro areas were back at or above typical levels. That’s a big improvement in roughly a year. And it’s not done yet.
Inventory Is Expected To Keep Growing
Looking ahead, forecasts suggest the number of homes for sale could rise another 10% this year, which means even more markets should join the list of places where supply has rebounded.
Here’s a graph that shows what an extra 10% would do for the market this year. You can see that projected growth (shown in the dotted line) hits inventory levels seen in 2017-2019 by roughly this fall (the gray lines). That means we may reach normal by end of year, nationally:
And that changes your home search in a good way. As Hannah Jones, Senior Economic Research Analyst at Realtor.com, puts it:
“. . . housing market conditions are gradually rebalancing after several years of extreme seller advantage. Buyers are beginning to see more options and modest negotiating power as inventory improves . . .”
In other words, the market is starting to work with buyers again — not against them.
Bottom Line
Inventory isn’t fully back to normal everywhere. But it’s moving in the right direction. And, in some areas, it’s already there.
If you’ve been waiting for a moment when you have options and a little breathing room, this is the strongest setup buyers have seen in a long time.
The Share of Homeowners Selling with an Agent Just Hit a New All-Time High
91% of homeowners use an agent when they sell. That’s a new all-time high. That’s because this market rewards the right strategy. Let’s talk to make sure you’ve got it.
Sources Used for data:
https://www.nar.realtor/research-and-statistics/research-reports/highlights-from-the-profile-of-home-buyers-and-sellers
Over the past few weeks, mortgage rates hit their lowest point of the year – and it was big news.
So, what you need to know if you’re buying a home is, whenever these shifts happen (whether they’re now or later), even a small change in rates can make a big difference in your monthly payment.
While major drops in mortgage rates aren’t projected for the rest of 2025, smaller declines are still expected – depending on where the economy goes from here.
If you want to see what the math looks like at another home loan amount or mortgage rate, DM me and I’ll run the numbers for you, so you can plan ahead.
#WeBringUHome #MortgageRates #Homebuyuing
Last year, 70% of buyers paused their home search—were you one of them? 🤔 With low inventory, soaring prices, and unpredictable mortgage rates, we don’t blame you! But here’s the good news: the market is shifting in your favor.
📈 More Inventory = More Options
Finding the perfect home was tough when choices were limited. But inventory is up 27.5% since last year! That means more homes to choose from—and if you’re selling, you’ll have better luck finding your next place, too.
🕰️ Homes Are Staying on the Market Longer
Gone are the days of lightning-fast sales. With homes spending about a week longer on the market than last year, you have more time to shop, negotiate, and make the right move—without feeling rushed.
🏡 Is It Your Time to Move?
With more options and less pressure, this could be the perfect time to restart your home search! Let’s chat about what’s happening in our local market.
✨ Debbie & Angie | "Let Our Family Bring Your Family Home" ✨
📲 Call/Text us today! 530-330-3042 / 530-308-2537
#WeBringUHome #FoothillsLiving #MarketUpdate #TimeToMove #SpringRealEstate
Buying your first home is exciting—but let’s be real, it can also feel overwhelming. It’s a big step, and with that comes plenty of questions:
❓ Am I making the right decision?
❓ Can I really afford this right now?
❓ What if unexpected repairs come up?
❓ Will I still be okay financially if something changes?
The truth is, every first-time homebuyer has these thoughts—and that’s completely normal. The homebuying process has always been a mix of excitement and nerves. But with the right guidance, you can move forward with confidence.
As your local real estate expert, we are here to provide the knowledge and support you need. Let’s break down some key things to keep in mind.
🔹 Focus on What You Can Control
Since homeownership is new to you, figuring out your budget might feel overwhelming. You’ll need to consider your mortgage, home insurance, maintenance, and possibly HOA fees. That’s a lot to think about!
The key? Focus on what you can control. By working with a trusted local agent (that’s us! 😊) and a reputable lender, you’ll get a clear picture of:
✔️ What you can afford to borrow
✔️ Your monthly mortgage payment
✔️ How interest rates impact your costs
Your mortgage will likely be your biggest expense, so it’s crucial to ensure the numbers work for you.
🔹 Don’t Stress About Repairs
Worried about unexpected repairs? That’s understandable! But remember, you’ll get a home inspection before you buy, giving you insight into the home’s condition.
If repairs are a concern, consider negotiating with the seller to include a home warranty. This can help cover major systems like HVAC or plumbing for a set period after you move in. It’s a small expense for the seller but could provide you with valuable peace of mind.
🔹 It’s Okay to Stretch—Just Not Too Far
Money might feel tight at first, and that’s normal. Many first-time buyers cut back on dining out or shopping until they adjust to their new expenses.
But if your budget doesn’t leave room for essentials like food, gas, and savings, you might be stretching too far. A slight stretch is normal—a financial strain is not. Let’s find a home that fits both your dreams and your budget!
🔹 Your Finances Will Grow Over Time
One of the biggest fears buyers have is, What if my financial situation changes? The good news is, careers progress, and incomes often increase over time. That slightly tight budget now may feel much more comfortable in a few years.
And if an unexpected job loss happens? There are options, like mortgage forbearance, that can provide temporary relief during financial hardship.
🔹 Bottom Line
Buying your first home is a big decision, and feeling nervous is completely normal. But if you’re financially ready, don’t let fear hold you back. With the right plan and expert guidance, you can confidently take this step toward homeownership.
💬 What’s your biggest concern about buying your first home? Let’s chat! we’d love to help you navigate the process and answer all your questions.
📞 Debbie Krogman & Angie Pitts– Your Local Real Estate Experts
530-330-3042 / 530-308-2537
