Real Estate Roundup: March 25, 2025
Leonard Steinberg, Compass Agent
If you’ve felt like the economy—and the housing market—have been on a roller coaster lately, you’re not alone. From wild swings in the stock market to shifting buyer sentiment and major policy changes, the first few weeks of April have offered a crash course in economic turbulence. But if there’s one theme that’s emerged, it’s this: real estate remains a reliable—and surprisingly resilient—asset during uncertain times.
Real Estate Holding Steady Amid Financial Whiplash
Despite stomach-churning drops in global equity markets (the S&P 500 had its worst day since 2020), residential real estate in many markets continues to show strength. Inventory is up in some areas, giving buyers more options. In Silicon Valley, for example, bidding wars are back—66 homes sold for $200,000+ over asking last month, and 37 sold for $500,000+ above list. One even went $1 million over.
Meanwhile, markets like Jackson Hole, Wyoming are seeing demand driven by lifestyle and tax advantages. With 97% of Teton County in conservation and no state income or estate tax, home prices there have doubled in five years.
The Rise of Private Listings
Perhaps the biggest trend shaping the industry is the growing embrace of private, off-market listings. Once a niche approach, this strategy has gone mainstream. Why the shift? For some sellers, privacy is paramount. The option to list a home selectively—like a luxury product launch—offers control, discretion, and curated exposure.
And contrary to misconceptions, private listings aren’t exclusionary. COMPASS agents routinely share them with agents across the brokerage spectrum. In a world where the value of data, privacy, and personalization is climbing, this trend seems only poised to grow.
Tariffs, Taxes, and Trepidation
New tariffs rolled out in April sparked market volatility, raising concerns over inflation, consumer costs, and global trade tensions. Some see them as a backdoor tax on consumers. Others argue they’re a necessary lever to bring manufacturing back to U.S. soil—especially in the wake of the CHIPS Act, which has already spurred billions in factory investment.
For real estate, tariffs could mean higher construction costs and insurance premiums, but also potential gains in regions with access to energy, land, and infrastructure—like Louisiana and Pennsylvania, where major AI data center projects are being planned.
The Power of Perception
Consumer sentiment is a powerful market driver. Data shows the top 10% of Americans account for about 50% of consumer spending—so their mood matters. And lately, that mood has been frayed. Even those who haven’t sold stocks still feel poorer after watching market values plummet. That can slow spending, delay buying decisions, and increase uncertainty.
Still, many seasoned investors see this moment as an opportunity. When inflation rises, real assets like homes often gain value. And for those seeking shelter from volatility, there’s nothing quite like a literal one.
Final Thought: A Safe Haven
So, what does all this mean if you're navigating the real estate market right now?
For buyers, increased inventory in many areas means more choice and potentially more negotiating power—especially if you're well-qualified and decisive. Interest rates remain volatile, but recent dips in the 10-Year Treasury have given buyers some temporary breathing room. If you're planning to buy, locking in rates sooner rather than later may be wise, especially if inflation pressures return.
For sellers, pricing strategy and exposure options are more important than ever. Private listings and "coming soon" marketing tools can create exclusivity and control how your home is introduced to the market—particularly useful if privacy or timing is a concern. But with buyers being more selective, presentation and preparation matter more than ever.
For everyone, it's worth remembering that real estate is a long-term play. While financial markets may swing wildly from day to day, housing tends to move more gradually—and often more predictably. In times of uncertainty, owning a tangible, livable asset like a home offers both utility and stability.
As always, aligning with a knowledgeable, well-informed agent can make all the difference.
Have questions about the market? Let's connect and explore the best strategies for your real estate goals.
Compass does not recommend one particular strategy or guarantee of results.*
Featuring
Leonard Steinberg
Compass Agent
