For months, many buyers sat on the sidelines waiting for relief. Now it’s here. Mortgage rates are finally moving in the right direction, and the shift is sparking new energy in the housing market.
According to the latest data, buyer demand jumped noticeably once rates hit a new low for 2025. The Mortgage Bankers Association (MBA) reports applications for home loans are up 23% compared to the first week of September last year. That’s a major change – and one sellers should pay attention to.
If you’ve been waiting to list, or if your home recently came off the market without an offer, now may be the time to make a move. Demand is the strongest it’s been since July, and buyers are motivated.
Why Buyers Are Moving Again
Here’s the driving force: the 30-year fixed mortgage rate dropped to 6.13% earlier this week – the lowest level since October 2024. That dip followed softer job growth and other economic signals that point to the possibility of multiple Federal Reserve rate cuts this year. Markets are already pricing in those changes, which has pushed mortgage rates down.
Today’s buyers are incredibly sensitive to affordability. Even a small rate drop can make the difference between waiting and writing an offer. As affordability improves, demand strengthens – and that’s exactly what’s happening right now.
What This Means for Sellers
For anyone thinking of selling, this could be the opening you’ve been waiting for. If your listing expired earlier this year, or you held off on putting your home on the market because activity seemed flat, this is your signal: buyers are re-engaging.
Acting now could give you an advantage. You’ll be able to list while buyer activity is climbing and before other sellers in your neighborhood catch on. If you wait, you may face more competition as additional listings hit the market alongside more buyers.
The Bottom Line
Texas real estate – and the national housing market as a whole – is waking up again as rates shift lower. Buyers are watching closely, weighing their options, and stepping back into the market.
If you’re considering a move, don’t sit this one out. A trusted local real estate agent can help you understand your home’s value, set the right pricing strategy, and make sure your listing gets in front of serious buyers who are ready to act.
The opportunity is here. The question is: will you take advantage of it?