Welcome to the Monthly Market Report for July 2025. We want to give you the insights that you need to help confidently make the best decisions when buying and selling a home.
“We are your real estate advisors” – RRG
…………………….
Don’t Make These Mistakes When Selling Your House
Are you thinking about selling your house? Some common mistakes today can make the process more stressful or even cost you money.
Fortunately, they’re easy to avoid, as long as you know what to watch for. Let’s break down the biggest seller slip-ups, and how an agent helps you steer clear of them.
1. Overpricing Your House
It’s completely natural to want top dollar for your house, especially if you’ve put a lot of work into it. But in today’s shifting market, pricing it too high can backfire. Investopedia explains:
“Setting a list price too high could mean your home struggles to attract buyers and stays on the market for longer.”
And your house sitting on the market for a long time could lead to price cuts that raise red flags. That’s why pricing your house right from the start matters.
A great real estate agent will look at what other homes nearby have sold for, the condition of your house, and what’s happening in your market right now. That helps them find a price that’s more likely to bring in buyers, and maybe even more than one offer.
2. Spending Money on the Wrong Upgrades
The housing market has nearly a half million more sellers than buyers according to Redfin. That means you have more competition as a seller and may have to do a bit more to get your house ready to sell. But not all projects are going to be worth it. If you spend money on the wrong projects, it could really cut into your profit.
A local real estate pro knows what buyers in your area are really looking for, and they can help you figure out which projects are worth it, and which ones to skip. Even better, they’ll know how to highlight any upgrades you make in your listing, so your house stands out online and gets more attention.
3. Refusing To Negotiate
Now that inventory has grown, it’s important to stay flexible. Buyers have more options – and with it comes more negotiating power. U.S. News explains:
“If you’ve received an offer for your house that isn’t quite what you’d hoped it would be, expect to negotiate . . . make sure the buyer also feels like he or she benefits . . . consider offering to cover some of the buyer’s closing costs or agree to a credit for a minor repair the inspector found.”
That’s where your agent comes in. They’ll help you understand what buyers are asking for, what’s normal in today’s market, and how to find a win-win solution. Sometimes making a small compromise can keep the deal moving and help you move on to your next chapter faster.
4. Skipping Research When Hiring an Agent
All of these mistakes are avoidable with the help of a skilled agent. So, you want to be sure you’re working with the right partner. Still, according to the National Association of Realtors (NAR), 81% of sellers pick the first agent they talk to.
Many homeowners may skip basic steps like reading reviews, checking sales history, and interviewing a few agents. But that’s a mistake. You want someone you know you can rely on – someone with a good track record. The right agent can help you price your house right, market it well, and sell it quickly (and maybe for more money).
Bottom Line
Selling a house doesn’t have to be stressful, especially if you have an experienced agent by your side. Let’s connect so you have an expert to help you avoid these common mistakes and make the most of your sale.
What’s one thing you’d want expert advice on before putting your house on the market?
…………………….
July 2025 Residential Real Estate Market Summary
The housing market in mid-2025 is entering a notable transition, marked by shifting buyer-seller dynamics, increased inventory, and stubbornly high mortgage rates. Here’s a rundown of the key themes from the July 2025 market report:
New Construction Shines in a Tepid Market
- Inventory of newly built homes continues to rise, with months of supply consistently above 8 since mid-2024, reaching as high as 9.8 in May 2025. Builders are responding with robust incentives: 57% of communities offer buyer incentives on pre-construction homes, and 75% on quick move-in homes.
- Mortgage rate bargains abound for new-home buyers. While average 30-year mortgage rates hover well above 6.5%, new-home purchasers often secure lower rates—thanks to builder-funded mortgage rate buy-downs. This is a significant enticement in an otherwise expensive rate environment.
- Builders are also slashing prices: As of June 2025, 37% of builders reported outright price reductions—the highest monthly proportion since this was tracked beginning 2022.
Buyers Regain the Upper Hand
- Buyer-seller imbalance: There are nearly 500,000 more active sellers than buyers, a dramatic reversal from the pandemic-fueled buying spree. With less competition, buyers face fewer bidding wars and can negotiate better deals, including more concessions from sellers.
- Home price growth cools: National home prices have decelerated sharply, after years of double-digit gains. As of early summer 2025, year-over-year growth has slipped closer to 2%, with 22 of the 50 largest U.S. metros now seeing home prices fall outright between May 2024 and May 2025.
- Market normalization: Inventory increases—especially outside the Sun Belt—are producing something not seen in years: more balanced, even buyer-friendly, markets.
What’s Ahead for the Rest of 2025
- Price stability (with pockets of softness): Forecasters call for home prices to tread water for the remainder of the year—single-digit gains or flat performance on average, but more downside pressure in bubbly or previously hot markets.
- No major reprieve on mortgage rates: The industry consensus sees 30-year fixed rates stuck in the mid-to-high 6% range through 2025 and into early 2026, keeping affordability stretched for most buyers.
- Sales volumes remain low but may tick up marginally. Both new and existing home sales should remain subdued compared with pre-pandemic norms, with modest improvement over last year.
- Fewer new homes coming: Homebuilders are poised to pull back on delivery of new single-family homes. While current inventory offers options, supply of fresh new-builds will tighten through 2026 as starts slow.
Bottom Line
Buyers have regained bargaining leverage, especially in the new construction segment. Elevated inventory, increased concessions, and slower price growth mean the market is finally tipping away from the extreme seller dominance of recent years. However, high mortgage rates keep a lid on demand and affordability, and no meaningful relief is expected soon. For buyers prepared to navigate today’s rates, there are opportunities—especially with builder incentives and growing home selection—though patience remains key as the market continues to find its post-pandemic footing.
…………………….
Download your Housing Market Update for July 2025 below 👇
…………………….
[bragwall_slider]
…………………….
…………………….
Find out what your home is worth today 💰
Search for your next home here 🏠
…………………….
“Get the facts without the pressure”
[contact_form]
Here’s a few neighborhoods you might find your next home in…
Simi Valley CA, Moorpark CA, Thousand Oaks CA, Westlake Village CA, Agoura CA, Oak Park CA, Calabasas CA, Encino CA, Sherman Oaks CA, Tarzana CA, Woodland Hills CA, Camarillo CA, Oxnard
