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Buyer confidence in the housing market is on the rise, according to Fannie Mae’s latest National Housing Survey. The data shows that both buyers and sellers are feeling more optimistic heading into summer, and this growing confidence may bring increased activity to local markets like Ridgefield and surrounding towns.

At Elevated Life Realty, LLC, we keep a close eye on national trends so our clients can make informed decisions in real time. Whether you’re planning to buy, sell, or simply watch the market, the latest numbers offer some encouraging insights.

May’s Housing Sentiment Index Reflects a Positive Shift

The Home Purchase Sentiment Index (HPSI), a measure of how consumers feel about the housing market, rose to 73.5 in May 2025, up 4.3 points from April and 4.1 points higher than this time last year. This increase signals growing optimism across the board.

Seller Confidence Is Also On the Rise

More homeowners now believe it’s a good time to sell. This could lead to more inventory hitting the market in the coming months, which may help ease competition among buyers.

While market conditions are still competitive, an increase in seller participation could bring more balance and offer additional options for those actively looking to purchase.

Shifting Views on Mortgage Rates

One of the most notable changes in the survey: more Americans now believe mortgage rates may decline. While there’s no guarantee, this change in outlook may motivate some hesitant buyers to reenter the market or accelerate their timelines before rates potentially shift again.

At Elevated Life Realty, we guide clients through financing conversations early so they can respond quickly to market changes.

Expectations for Home Prices Remain Strong

Nearly half of all survey respondents expect home prices to increase over the next 12 months. At the same time, fewer people think prices will decline, which indicates continued belief in long-term market stability.

This sentiment may influence buyers to act sooner rather than wait, especially in areas like Ridgefield, where demand often outpaces supply.

Job Security Helping to Strengthen Confidence

Another positive trend: fewer people are concerned about job loss, which plays a major role in consumer confidence. When buyers feel secure financially, they’re more likely to explore homeownership, even in a shifting interest rate environment.

For sellers, this may mean a more reliable pool of serious, qualified buyers as we move deeper into the summer season.

The rising buyer and seller confidence reported in May 2025 suggests we could see a more active housing market in the coming months. Whether you're considering making a move now or planning ahead, staying informed is essential.

With over 15 years of experience in Ridgefield and neighboring Connecticut towns, Amy Mosley and the team at Elevated Life Realty, LLC are here to offer honest guidance and personalized service every step of the way.

When the market changes, our commitment to you stays the same, expert advice grounded in integrity, backed by local knowledge, and always focused on your goals.