November 25, 2025
It certainly has been a very tumultuous year for the real estate sector. And as we approach the Thanksgiving holiday, it makes sense for us all to take a breather and give thanks for the good things in our lives. The first thing we would like to give thanks for is the end of the federal government shutdown. At least in this one area of our life a good segment of the population can return to normalcy — whether you are flying with less delays or a government employee getting a paycheck for the first time in weeks.
From the perspective of someone who writes economic commentary each week, the data will be flowing again and there is a whole bunch of data to catch up on. We got our first look last Thursday with the delayed September jobs report release. We will call this the data tsunami of 2025. Certainly, when the Federal Reserve meets in December there will be a lot of statistics to chew on. Hopefully when the data is out there, we will be looking at an economy which is not as weak as some have predicted. Regardless, the major benefit of a slower economy gives us something else to be thankful for – lower interest rates.
There is no doubt that it has been a tough year with regard to the affordability of real estate. When mortgage rates hit 2.5% during the pandemic, we had a feeding frenzy. Those super low interest rates contributed to higher home prices and made the higher interest rates which followed that much harder to swallow. But we can be thankful that we appear to be coming out of that cycle. If mortgage rates fall in 2026, the same rates at 5.5% which seemed onerously high after the pandemic will seem palatable after the peaks we saw in the past few years. Homeowners are refinancing again and perhaps the buyers will come out of hiding in big numbers. Here’s hoping for even more thankful news in 2026!
Source: Origination Pro
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