Buyers, Sellers, and Why Agents Are Idiots
June 2025 Market Update
Let’s not sugarcoat things—this market has taken a strange turn, and everyone (yes, even agents) are scrambling to keep up. Here’s what’s going on:
Buyers
You finally have leverage. Seriously—don’t tell my sellers, but this market is the closest thing we’ve had to a buyers’ market in a decade.
Homes are still moving, but not with the same urgency as before. That gives you room to negotiate—on price, repairs and sometimes even after the appraisal. For years, buyers had to accept anything just to get in the door. Now, you’ve got options. Use them wisely.
Sellers
This market has been soft since January—and “soft” is me being polite. Spring brought a lot of new listings, which added more competition, and now things are even slower.
Days on market are climbing. Buyers have leverage. You need to price your home strategically and work with an agent who truly understands this market—not just someone who’s been in the business for 30 years but hasn’t closed a deal in 12 months. Experience is great, but local and recent experience is better.
Now the Fun Part: Why Agents Are Idiots
I say this as one of them—with love, of course. But let’s be honest:
- Our communication can be terrible.
- We sometimes price homes based on vibes, not data.
- And seriously, whose idea was it to dig an 8-inch hole in someone’s yard to put a sign with our giant faces on it? That patch of grass won’t recover until next summer. Sorry, new homeowner.
But what’s really bugging me right now is how slow we’ve been to respond to the changes in the market.
We all started 2025 with high hopes. We thought interest rates would ease, buyers would re-engage, and things would finally pick up. But instead, we’ve been hit with a perfect storm of:
- Increased inventory
- Low consumer confidence
- Rising costs (not just mortgages—have you seen the price of bread?)
- High interest rates
- And in some areas, a flood of new construction
What we’re seeing now is a slow correction. Not a crash—at least not yet—but definitely a recalibration. Some neighborhoods are showing signs of depreciation. Others are just appreciating at a much slower pace. Either way, homes aren’t selling like we expected.
June 1 brought a wave of expired listings—properties that sat too long without offers—and the number of price reductions we’re seeing is overwhelming (and no, they’re not “improvements”). Sellers who want results need to be more conservative, more realistic, and more patient.
And we agents? Well, we’ve finally caught up to reality. It took a minute. But now we’re focused on giving better advice—accurate timelines, honest pricing strategies, and grounded expectations.
We were a little slow. We might’ve looked a little dumb. But we’re getting there.
If you’re thinking about buying or selling this summer, give us a call. The market is shifting, but with the right guidance, there are still opportunities out there—for both sides.