DECEMBER 4, 2025, EDITION

Sales of pre-owned homes posted another gain in October, hitting an eight-month high. Inventory is up almost 11% the past year, so buyers are seeing more options, while the median price rose just 2%.

Looking ahead, signed contracts on pre-owned homes rose in October, signaling an increase in sales when those homes close next month, as well as a more buyer-friendly real estate market.

Home prices continue to rise at way less than the rate of inflation. The September Case-Shiller Home Price Index was up just 1.3% in September, while the FHFA index saw prices up only 0.2% from July to September.

The Mortgage Bankers Association reports homebuyer affordability improved in October, as the national median monthly mortgage payment fell for the fifth straight month.

A national real estate database reports that in October the number of homesellers exceeded the number of buyers by almost 37%, a record, and the largest difference between the two groups since 2013.

For 2026, conforming loan limits for mortgages backed by Fannie Mae and Freddie Mac increase to $832,750 in most markets and $1,249,125 in high-cost areas. These loans have higher borrower requirements but often lower rates.

DID YOU KNOW?… New online listing data: the most viewed room isn’t the kitchen, it’s the bathroom; buyers decide if they like a home after just 8 photos; only 10% of visitors take a 3D tour, but those who do, spend an impressive 2 to 5 minutes on it!

The national average 30-year fixed mortgage rate dropped from the week before in Freddie Mac’s Primary Mortgage Market survey. Remember, mortgage rates can be extremely volatile, so check with your mortgage professional for up-to-the-minute information. 

To find the best deal, look for homes that have been longest on the market. The longer a home sits on the market, the lower its selling price can be compared to the original listing price. Sellers are motivated, and since many buyers shy away from homes that aren’t selling, your offer could have no competition.

There are good reasons to put, or keep, your house on the market this time of year.  Buyers are serious, often motivated by changes in jobs, finances, or family needs. There are fewer new listings, which also works in your favor. Finally, homes decorated for the holidays feel cozier, more inviting and appealing to buyers.