As of April 2025, the U.S. housing market is shifting, with housing market inventory levels rising and noticeable changes happening across different regions. For buyers and borrowers, this changing landscape may present new opportunities if you know where to look and how to act.
National Inventory Trends
Housing inventory has increased by 30.9% year-over-year (as of January 2025), with new listings up 53.7% from December 2024 to January 2025. Experts predict inventory will continue growing, with another 15–17% increase expected by the end of the year.
Even with the increase, we’re still below pre-pandemic inventory levels, but the gap is shrinking. This means more homes to choose from, less competition in many markets, and greater negotiating power for well-prepared buyers.
Regional Differences
The increase in housing supply isn’t equal across the board. Cities in the Sun Belt, such as Miami, Tampa, Jacksonville, New Orleans, and Memphis, have seen a sharp rise in listings. Homes are staying on the market longer, and price reductions are becoming more common. In Miami, for example, 25% of homes have seen price cuts, and the median time on market is now 60 days.
Meanwhile, the Northeast and Midwest regions are still facing tighter inventory, though some areas are beginning to see gradual growth.
Factors Influencing the Market
A few key forces are shaping today’s real estate environment:
- Mortgage Rates: Rates remain elevated, hovering around 6.62%, impacting affordability and slowing down buyer activity.
- Economic Concerns: With ongoing uncertainty around the economy and tariffs, many buyers are being more cautious.
- Listing Policies: New real estate rules are changing how properties are marketed, with some being listed exclusively through broker networks, limiting broader visibility.
What This Means for Buyers
The increase in housing market inventory is giving buyers a rare advantage: more options, less urgency, and the potential to negotiate better deals. But that window won’t stay open forever. As the market adjusts and interest rates continue to fluctuate, the best time to act may be now.
Even with higher mortgage rates, you can still make a smart move. Lock in the right home while there are more choices and fewer bidding wars. And remember, if rates drop in the future, you can always refinance.
Work with a Lender Who Moves with the Market
At Scout Lending, we’re here to help you navigate this changing market with confidence. Whether you’re a first-time buyer or a seasoned homeowner, we offer flexible financing solutions and expert guidance every step of the way.
- Competitive loan programs
- Personalized support from experienced loan officers
- Fast pre-approval so you’re ready when the right home hits the market
Let’s get you pre-approved and home-ready before the market shifts again. Contact Scout Lending today and take your next step toward homeownership with clarity and confidence.
