Positive.

From Yahoo Finance: 2025-04-06 15:41:00

This spring, homebuyers may have a better chance with slower rising prices and more homes on the market. Listings surged 28.5% nationally from last year, with some metro areas seeing increases between 44% and 68%. Prices are dropping, giving buyers more leverage, though affordability remains a challenge for many.

Mortgage rates have been easing, with the average rate on a 30-year mortgage dropping to 6.6% from over 7% in January. Lower prices are also prevalent, with the median listing price falling in 32 of the 50 largest metro areas. This shift may give buyers more negotiating power and lead to seller concessions.

Despite some positive trends, the housing market remains out of reach for many Americans, especially first-time buyers. Affordability remains a significant hurdle, with the cost of homeownership reaching record highs compared to median incomes. While more homes are on the market, a balance between buyers and sellers has not been achieved yet.



Read more at Yahoo Finance: Signs of a more buyer-friendly housing market emerge for the spring homebuying season