What’s Up with Real Estate? National news and local views for the week ending Friday, October 17, 2025
- Amy Jones
- Oct 17
- 2 min read
What’s Up with Real Estate?
National news and local views for the week ending Friday, October 17, 2025
Amy Jones
What's up with real estate lately? If you've been hearing mixed headlines or wondering what's really happening in our local market, you're not alone! Let's break down what buyers and sellers are experiencing right now and what it means for you.
National Real Estate News
'Tis the seasonality
If home buying were spread evenly across the year, you'd get 25% of annual sales each quarter. But you don't. Instead, nearly 60% of sales happen in the spring/summer (when the weather is nice and the kids are out of school). Activity levels bottom in the 1st quarter (Jan-Mar), but even the 'low season' for transactions can present opportunities for savvy buyers: less competition and more flexible sellers. [Source: NAR]
Rates trending lower
With Fed Chair Jerome Powell saying that quantitative tightening could end soon, the yield on the 10-year US Treasury moved below 4%. If the historically 'typical' spread of 1.5%-2.0% (between average 30-year mortgage rates and the 10-year UST yield) holds, that would imply a 30-yr mortgage rate estimate of between 5.5%-6.0%. Wouldn't it be nice to see mortgage rates in the 5s again? [Source: Freddie Mac PMMS]
Gen Z still wants a home
Remember when everyone thought that Millennials were going to live with their parents forever and own nothing? Now Gen Z is getting similar flak, but they're still sanguine on homeownership - despite very real affordability issues. Sensibly, they're focused on building their career (and earnings/savings power) first. The kids are all right. [Source: NAR]
Local Market Trends
As of Friday, October 17, 2025
Amy Jones
Here you can enhance your area’s housing market data with your own insights and commentary!
Area | Median Price | Active Listings | New Listings - 5 days | Median Days on Market |
77356 | $400,000 0% | 585 0% | 46 | 63 -0.1% |
77357 | $306,990 0% | 433 0.7% | 15 | 83 0.6% |
77084 | $309,900 0% | 331 0% | 23 | 43 -0.1% |
77378 | $301,995 0.1% | 242 1.4% | 5 | 94 0.3% |
Local Market Trends (/) from Sep. to Oct. 2025.
Amy Jones
Mint Realty Team
License #789794
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