Housing Boom: What Buyers and Sellers Need to Know Right Now

There’s been a lot of buzz lately about a possible housing boom, and it’s leaving many home buyers and sellers wondering what’s really going on. Is it still a good time to buy? Are prices going up again? Is tech changing how people find homes? In this week’s update, we break down three major real estate stories that reveal where the market is heading—and what it means for you. Whether you’re planning to buy, sell, or just stay informed, here’s what you need to know.

A Smarter Housing Boom—Not a Wild One

Read the Full Story → The Hill

You may hear the phrase “housing boom” and think of skyrocketing prices and bidding wars. But today’s boom is more subtle. According to The Hill, the market is steady—not skyrocketing—and the biggest gains depend heavily on where you live.

Home prices are holding firm in many places thanks to low inventory, but interest rates and affordability challenges are keeping things from going too wild. It’s more of a “slow and steady” rise than a big surge.

So yes, we’re in a housing boom—but it’s smarter and more localized. That means being informed matters more than ever.

Zillow’s Forecast: Prices Are Going Up (a Little)

Read the Full Story → Fast Company

Zillow has updated its forecast, and it’s good news for both buyers and sellers: home prices are expected to rise by 1.9% over the next year. That may not be a huge jump, but it’s a healthy sign of continued demand.

Some cities—like Atlantic City, NJ—could see prices climb over 5%, while a few others may see slight drops. This means your experience depends a lot on your local market.

For buyers, it’s a signal to get serious before prices tick up. For sellers, it’s a green light that your home value is likely to hold or grow modestly.

How AI is Changing the Way Homes Are Found

Read the Full Story → Real Estate News

Zillow is now working with ChatGPT, the popular AI chatbot, to help people search for homes in a whole new way. You can ask natural questions like “What’s available in Denver with a pool and a big yard under $600K?”—and get fast, smart results.

This new tech could make home shopping easier and faster, especially for first-time buyers who aren’t sure where to start. It might also mean homes get found and sold more quickly, so being ready matters more than ever.

As tools like this grow, expect a faster-moving market—even in a slower boom.

What This Means for Buyers

If you’re planning to buy, this version of the housing boom means prices are more predictable, but competition still exists in many areas. Waiting for prices to drop may not work—they’re still going up, just not as fast as before.

Get pre-approved now, start working with a local real estate agent, and keep an eye on your market. New tech tools like Zillow’s ChatGPT search can help you spot great homes early—but you’ll need to be ready to act quickly.

Have questions? Reach out to the pro who shared this post—they can help you understand your local trends and build a solid plan.

What This Means for Sellers

If you’re thinking about selling, this housing boom means there are still motivated buyers out there—but pricing your home right is more important than ever.

You may not get 20 offers over asking like in 2021, but strong pricing, staging, and strategy will still get your home sold quickly and profitably. Plus, tools like AI-enhanced listing searches mean buyers are finding homes faster—so visibility and timing count.

Want a pricing opinion or a strategy session? Reach out to your agent or loan officer and start the conversation today.