Frustrated Black Women Holding Coffee Mug Looking at Computer

When the Market Slows Down (And What It Really Means)

April 23, 20252 min read

It’s no secret that the spring season usually brings a burst of activity in the real estate world—but this year, it’s feeling a little different. According to the latest numbers, homebuyer demand has dipped for the second week in a row, and mortgage rates are once again creeping toward 7%. As of this week, the 30-year fixed rate sits around 6.9%, and buyers are understandably hitting the brakes.

Honestly? I get it. Between economic uncertainty, rising rates, and the constant hum of “what’s going to happen next,” it’s a lot for anyone to navigate, especially when you're making one of the biggest financial decisions of your life.

I've been having more conversations lately with clients who are feeling caught in the middle. Some want to buy but are worried about rates. Others are waiting for the "perfect" time to sell, only to find that perfect doesn’t seem to be coming around anytime soon. And while the media often focuses on the numbers, I’m more interested in what those numbers mean for real people, like you and me.

Here’s the thing: yes, rates are up. Yes, demand has dipped. But underneath the headlines is a story that looks different for everyone. Some buyers are still moving forward because they’ve outgrown their space or want to stop renting. Some sellers are adjusting their expectations to meet the moment—and succeeding. Real estate isn’t just about interest rates; it’s about goals, timing, and having the right strategy.

We’ve seen the highs and the lows over the past few years, record-low interest rates during the pandemic, a wild seller’s market, a cool-down, and now a bit of a mixed bag. Through it all, the one constant is this: people will always need to move, and the best decisions come from clarity, not pressure.

So if you’re watching the market with uncertainty, you’re not alone. Let’s talk about what all this means for your situation, not just in theory, but in real life. I’m here to help you cut through the noise, focus on what matters, and move forward with confidence whenever the time is right for you.

And hey, if now’s not the time? That’s okay too. We’ll be here when you’re ready.

Real Estate Consultant

Ashlei Askew

Real Estate Consultant

Back to Blog