Homeownership remains a top goal for many Americans, but 2025 presents new challenges for buyers and sellers alike. A recent survey commissioned by NerdWallet and conducted online by The Harris Poll in late 2024, found that 35% of nonhomeowners say the high cost of living is their biggest barrier to buying a home. Inflation, rising expenses, and high mortgage rates continue to impact affordability, making it harder for buyers to enter the market.
Source: www.nerdwallet.com | i
Current homeowners also face hurdles. Many who secured historically low mortgage rates in past years hesitate to move, with 62% of homeowners reporting something is preventing them from buying their next home. The biggest obstacles? High mortgage rates (23%) and increased living costs (22%).
With these financial pressures limiting both buyers and sellers, inventory remains tight. In 2024, just over 4 million existing homes were sold—the lowest number since 1995. With high demand and fewer available properties, buyers must consider all paths to homeownership:
Here’s what you need to know about each option to make the best choice for your budget and lifestyle.
Each path to homeownership comes with unique benefits and challenges:
Let’s connect to discuss your options and find the best home solution for you.
Check out the latest articles on real estate trends.
Smart Renovations Every Atlanta Homeowner Should Consider
Understanding the Stability of Real Estate in an Uncertain Economy
Explore a Modern Masterpiece with Over 7,424 Square Feet of Sophisticated Space and Stunning River Views
Think you need 20% down to buy a home? Here’s why that’s no longer true for most buyers
Real Estate
Transform Your Workspace with These Creative Home Office Solutions
More Homes, Less Chaos – Why Now Could Be the Sweet Spot for Atlanta Sellers and Buyers
Discover Atlanta's premier golf destinations offering exceptional play and unforgettable experiences.
A Clear Guide for Atlanta Homebuyers Navigating the Closing Process
Discover the finest luxury resorts in Atlanta for your next indulgent getaway