About this episode
Price cuts surge across the housing market as inventory bounces back in a big way. The “healthier” housing market is starting to show, and the “gap” between buyers and sellers is shrinking. Zillow’s Orphe Divounguy is back to give a sneak peek at their latest housing market data , which shows encouraging signs for buyers, agents , lenders, and anyone who wants the housing market to get back in action! After Zillow recently forecasted a home price decline in 2025 , many saw this as a bearish signal for housing. But Orphe, Senior Economist at Zillow, says that this is instead a good sign for the market. With inventory rising, sellers are getting more realistic , meaning lower prices and more choice for buyers. But what about mortgage rates —could they also drop and fuel even greater affordability? Orphe is sharing his mortgage rate prediction as well. How will trade wars and tariffs affect the housing market with so many Americans on the financial edge? Could higher inflation and a potential recession breed big trouble for the housing market? We’re getting Orphe’s refreshingly data-backed (and surprisingly optimistic) take on what’s to come in the rest of 2025 . In This Episode We Cover Zillow’s latest May 2025 housing market update (and GOOD news for buyers) Record price cuts : why sellers are starting to get realistic Housing markets seeing the most pain , and which to think twice about before investing How trade wars and tariffs could hit housing, and Orphe’s take on inflation Is a recession really coming? Why Orphe isn’t so sure that the writing is on the wall And So Much More! Links from the Show Join the Future of Real Estate Investing with Fundrise Join BiggerPockets for FREE Sign Up for the On the Market Newsletter Find an Investor-Friendly Agent in Your Area Dave's BiggerPockets Profile BiggerPockets Real Estate 1101 - Housing Market Shift: Inventory Catapults Back, Buying Opportunities Grow Economic Policy Uncertainty Index Grab Dave’s Book, “Real Estate by the Numbers” Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/on-the-market-320 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com . Learn more about your ad choices. Visit megaphone.fm/adchoices