May 2025 Housing Market Update: Price Cuts Arrive, Market “Softening” Continues

The housing market is going through another significant shift . Sellers have lost even more control as price cuts become common in some top markets. Rents are flat, but will they stay this way? The Trump administration presents a groundbreaking proposal that could greatly affect many real estate investors. This is May 2025’s housing market update , where we’re filling you in on all the biggest stories affecting real estate! The market “softening” continues . Inventory is rising, and sellers are realizing this isn’t 2022 anymore. Price cuts have become common in Texas, Florida, and California. But other markets are still seeing price jumps, so have the southern states become the new buyer’s markets ? Investing opportunities could be here for the right buyers, and Dave has already made a move , locking up his latest investment to capitalize on what’s to come. But what about mortgage rates ? Do we have any hope that we’ll get below 6% this year? Dave shares his updated mortgage rate “range” for 2025 . Have Section 8 renters? You’ll want to hear the end of today’s episode as a new proposal from the Trump administration could slash Section 8 funding , putting tenants and landlords in a tricky position. All that, and more, in today’s episode! In This Episode We Cover The housing market “shift” pushing us into a bigger buyer’s market The end of Section 8 ? A new proposal from D.C. could cause major cuts Markets with the most price cuts and areas where prices are rising instead Mortgage rate forecast and the range we could hover around for the rest of the year Investing opportunities with “juicier” returns as sellers lose control Rent price updates and which properties will get hit hardest as vacancy rises And So Much More! Check out more resources from this show on ⁠⁠⁠⁠⁠⁠⁠⁠⁠BiggerPockets.com⁠⁠⁠⁠⁠⁠⁠⁠⁠ and ⁠⁠⁠⁠⁠⁠⁠⁠⁠https://www.biggerpockets.com/blog/real-estate-1122 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