What Today’s Consumer Sentiment Means for Home Buyers and Sellers

Consumer confidence stayed mostly steady this month, showing that most Americans feel the economy hasn’t changed much recently. While younger consumers are feeling slightly more optimistic, middle-aged and older consumers remain cautious—mainly because of ongoing concerns about inflation and high prices.

According to the latest survey from the University of Michigan, year-ahead inflation expectations dipped slightly from 4.7% to 4.6%, while long-term inflation expectations rose modestly to 3.9%. In short, people still expect prices to stay high, just not as sharply as before.

So, what does this mean for today’s home buyers and sellers?

• 🏡 For sellers: Buyer confidence is still stable, which means well-priced homes in good condition are selling. But since affordability remains a top concern, strategic pricing and presentation matter more than ever.

• 💰 For buyers: With inflation cooling slightly and rates expected to ease in the near term, staying engaged in the market could pay off—especially if the right property comes along.

Overall, the mood is cautious but steady. The takeaway? Whether you’re buying or selling, staying informed and timing your move strategically will help you make the most of today’s evolving market.

✨ Ready to take the next step?

Let’s talk about your goals and craft a strategy that fits the market and your needs—whether you’re planning to buy, sell, or invest.

📩 Contact me today to get started.

Source: https://www.sca.isr.umich.edu/