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What’s Up with Real Estate? National news and local views for the week ending Friday, October 17, 2025


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

Questions about these articles or the state of your local market? Get in touch!

©ListReports 2025, all rights reserved. This information is from third-party sources and its accuracy cannot be guaranteed.

 
 
 

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