After years of runaway growth, the housing market is cooling…like a pot taken off the flame.
Still warm. Still active. But no longer boiling over. And the numbers back it up.
Across the U.S., 117,000 new single-family homes are sitting on the market. That’s the highest level since July 2009 and a 31% jump from last year. 1
Regionally, some places are feeling it more than others:
- Texas: Active listings are 53% above normal 2
- Florida: Tampa and Jacksonville lead the country in price cuts 3
- California: Bay Area pending sales just saw their weakest March since 2012 4
Even luxury buyers are slowing down.
In April, sales of high-end homes dropped 10% year-over-year. 5
That’s not about mortgage rates…many of these buyers pay cash.
It’s about confidence.
That said, prices haven’t plunged.
Home values in the 20 largest metro areas dipped just 0.12% in March.
That’s the first monthly decline after 15 straight gains. 6
It’s a small move, but a clear signal that the heat is coming down.
So why does this matter?
Real estate isn’t just a reflection of the economy.
It’s often a preview.
Housing tends to be one of the earliest sectors to respond when things start to shift. That’s why many economists watch it closely. It affects jobs, consumer spending, and local tax revenues.
When people get cautious about housing, that caution can spread. We’re not sounding alarms, but we are paying attention.
So where do we go from here?
It’s tough to say.
There are many variables still in play. Interest rates. Inflation. Employment trends.
That’s why this is a good moment to pause, reassess, and make sure your financial strategy still fits the environment.
Thinking about buying or selling? Considering real estate as part of your portfolio? Just wondering how this fits into your bigger picture?
Contact our office to schedule a call. Markets evolve. Plans adapt.
If you’re curious how the current changes in real estate could affect your future plans or retirement investment strategy, I’m here to help you think it through.
Warmly,
Barry
P.S. One thing I’ve learned over the years: markets don’t move in straight lines. Deliberate decisions are rarely made in reaction to headlines. Whether you’re thinking about real estate or any other part of your financial picture, sometimes the most valuable thing is just talking it through with someone who’s seen these cycles before.
_________________________________________________________________________
“If you fail to plan, you are planning to fail.”
-Benjamin Franklin
Disclosure: Wealth With No Regrets ® is an investment advisor in Georgia. Wealth With No Regrets ® is registered with the Securities and Exchange Commission (SEC). Registration of an investment advisor does not imply any specific level of skill or training and does not constitute an endorsement of the firm by the SEC. Wealth With No Regrets® only transacts business in states in which it is properly registered or is excluded or exempted from registration. A copy of Wealth With No Regrets’® current written disclosure brochure filed with the SEC which discusses, among other things, Wealth With No Regrets’® business practices, services, and fees is available through the SEC’s website at: www.adviserinfo.sec.gov These materials are for informational purposes only. It is not intended to provide, and should not be relied on for, any tax or legal advice. Please consult a qualified professional before making decisions about your financial situation. Any reduction in taxes would depend on your specific tax situation. Investments in securities entails risk and are not suitable for all investors. This is not a recommendation nor an offer to sell (or solicitation of an offer to buy) securities in the United States or in any other jurisdiction. The information contained in this material is believed to be reliable, but accuracy and completeness cannot be guaranteed; it is not intended to be used as the sole basis for financial decisions. It is important that you do not use email to request, authorize or effect the purchase or sale of any security, to send fund transfer instructions, or to effect any other transactions. Any such request, orders, or instructions that you send will not be accepted and will not be processed. Content prepared by Snappy Kraken This commentary reflects general trends, not the specific results of your portfolio. Every investment strategy should be personalized to your goals, risk tolerance, and time horizon.
Sources:
Fast Company, 2025 [URL: https://www.fastcompany.com/91341501/housing-market-homebuilder-unsold-inventory-swells-to-2009-levels]
Newsweek, 2025 [URL: https://www.newsweek.com/texas-faces-major-housing-market-correction-prices-drop-across-state-2070190]
Realtor.com, 2025 [URL: https://www.realtor.com/research/april-2025-data/]
San Francisco Chronicle, 2025 [URL: https://web.archive.org/web/20250602214059/https://www.sfchronicle.com/realestate/article/home-sale-price-bay-area-20296381.php]
Redfin, 2025 [URL: https://www.redfin.com/news/luxury-homes-market-april-2025/]
Marketwatch, 2025 [URL: https://www.marketwatch.com/story/home-prices-in-the-biggest-20-markets-decline-for-the-first-time-in-over-two-years-heres-where-theyre-expected-to-fall-the-most-14cebe4f]
