Housing Market Forecast
What’s in Store for the Second Half of 2025?
Mortgage Rates
Housing Inventory
Home Prices
What Buyers & Sellers Can Expect
From the rollercoaster of interest rates to the tug-of-war between supply and demand, the 2025 housing market has kept buyers and sellers on their toes. If you’ve been sitting on the fence, wondering whether it’s the right time to make a move — you’re not alone. And you’re definitely not out of options.
The second half of 2025 is shaping up with some encouraging shifts, according to top housing economists. And while it’s not a magic reset button, there are reasons to be cautiously optimistic. Let’s break down what’s ahead and how it could impact your buying or selling plans — especially here in the Las Vegas and Henderson markets.
Mortgage Rates: Slight Dip, Big Relief
Experts are forecasting a gradual decline in mortgage rates heading into the end of the year. While we’re not talking about a dramatic plunge, even a modest drop can mean real savings for buyers — and more breathing room in your monthly budget.
Lower rates mean improved affordability, which is music to buyers’ ears. But here’s the catch: mortgage rates are still dancing to the tune of inflation, job growth, and the broader economic tempo. So, waiting for that “perfect” rate might mean missing today’s opportunity.
Pro Tip: A good lender can help you understand your purchasing power right now — and potentially refinance later if rates drop further. Let’s plan with strategy, not guesswork.
Inventory is on the Rise — Finally
After what felt like an eternal inventory drought, we’re finally seeing more homes hit the market. Why? Many homeowners who’ve been holding out are realizing that waiting for the “perfect” conditions hasn’t served them — and life keeps moving.
As inventory increases, it brings much-needed balance to the market. More choices for buyers. More competition for sellers. And if mortgage rates dip as expected, we may see even more sellers decide it’s time to list.
Lance Lambert of ResiClub puts it well:
“The fact that inventory is rising year-over-year strongly suggests that national active housing inventory for sale is likely to end the year higher.”
And in a fast-growing metro like Las Vegas? That means opportunity is knocking for both sides of the deal.
Home Prices: Still Rising, But Slower
Let’s be clear — prices aren’t dropping off a cliff. But they are taking a more measured pace. The average expert forecast shows home values rising about 2% nationally in 2025. That’s a healthy level of appreciation, especially compared to the explosive growth of recent years.
For buyers, that means more manageable price increases. For sellers, it means your home is still gaining value — just without the frenzy. Source: mykcm.com
Keep in mind, the real estate market is hyper-local. Here in Las Vegas and Henderson, we’re seeing pockets of high demand and others where listings are sitting longer. That’s why working with a local expert (hi, that’s me!) is crucial to understanding what’s really going on in your neighborhood.
Bottom Line: 2025 Isn’t a Waiting Game — It’s a Window
If you’re thinking about buying or selling in the second half of the year, now’s the time to prepare. The market isn’t stalling — it’s shifting. And those shifts could play in your favor if you act smart and strategically.
Let’s talk about your goals and how we can make the numbers, timing, and neighborhood align in your best interest. Whether you’re looking to upsize, downsize, or relocate, I’m here to help you move with confidence and clarity.
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