Emily Yu Real Estate

After months of uncertainty, consumer sentiment toward real estate is rebounding sharply. In fact, May saw the largest 3-week jump in the Bloomberg Nanos Confidence Index on record. That’s a big deal.

Why it matters: It’s confidence, not just affordability, that’s holding back activity right now. The average monthly mortgage payment remains steady around $2,600—still elevated, but back to levels last seen in mid-2022, when home sales were about 15% higher than they are today.

While investor-driven booms aren’t on the horizon, this shift in sentiment could pave the way for more buyers to re-enter the market.

If you’ve been waiting on the sidelines, now’s the time to revisit your game plan. Let’s talk.