As we move into the second half of 2025, homeowners across the country are keeping a close eye on the housing market—and for good reason. While this year hasn’t brought the rapid growth seen during the pandemic years, it has introduced some important shifts that may impact your decision to sell.

Here’s what you need to know.

Inventory Is Rising, Giving Buyers More Options

According to Zillow, there are now more homes on the market than at any point since 2019. This rise in inventory is giving buyers more to choose from and may be putting slight pressure on sellers to price more competitively.

That doesn’t necessarily mean a market downturn—but it does mean sellers should be prepared to stand out through pricing, presentation, and marketing.

Mortgage Rates Remain High, Affecting Buyer Behavior

The Federal Reserve recently decided to hold interest rates steady, and while this move was expected, it hasn’t resulted in the drop many buyers were hoping for. The average 30-year fixed mortgage rate remains around 6.75%, nearly unchanged from this time last year and significantly higher than the 3% rates seen in 2021.

While some economists expect rates to ease slightly by the end of the year—possibly dipping to 6.4%—a dramatic drop is unlikely.

According to Realtor.com’s Danielle Hale, “Fed rate cuts...should help mortgage rates fall, relieving some of the strain on homebuyers.” Still, affordability remains a real challenge for many.

Home Prices Are Still Climbing—but More Slowly

Despite softer demand, home prices continue to edge upward nationally. In June, the median home price in the U.S. hit an all-time high of $435,300, according to the National Association of Realtors (NAR).

However, price growth has moderated compared to previous years, especially in markets with rising inventory. In some regions, prices have even begun to decline slightly as sellers show more flexibility during negotiations.

What About the Local Market?

Here in South Florida, and particularly in areas like Pompano Beach, inventory has also seen a modest increase. Some sellers are adjusting their expectations as buyers become more price-sensitive.

If you're thinking about selling, this may be a good time to get ahead of the competition—especially before more listings come online in late fall and winter.

Key Takeaways for Homeowners

• The market is shifting, not collapsing. Homes are still selling—but buyers are taking their time and being selective.

• Price positioning and home presentation are critical. Staging, photography, and marketing matter more now than they did a year ago.

• Mortgage rates may soften slightly, but affordability challenges remain for many buyers.

• Sellers who are realistic and well-prepared will likely be rewarded with strong offers—especially for well-maintained, move-in-ready homes.

Thinking About Selling?

Even in a higher-rate environment, homeowners still hold significant equity—and many markets continue to see steady demand for well-priced homes.

If you're considering a move, now is a great time to explore your options before the holiday slowdown. A professional market analysis can help you decide whether selling this fall is the right move.