30 years of National Homeownership Month 

Homeownership remains a cornerstone of the American Dream — but getting started can feel overwhelming. Nearly 1 in 4 Gen Z and Millennial adults say they’re anxious about where to begin and who to trust. And 69% of U.S. adults mistakenly believe mortgage rates are at all-time highs. Add Redfin’s headline about “500,000 more sellers than buyers,” and hesitation is understandable. But here’s what’s missing:

• 72% of renters are more worried about rising rents and their long-term finances.

• While rates are up from pandemic lows, they’re still under the historical average of 7.7%; and projected to dip in the year ahead.

• 22 of the top 50 metro areas have returned to pre-pandemic inventory. Listings are up in the South (+3.6%) and West (+10.8%), but down sharply in the Midwest (–41%) and Northeast (–52.4%). That’s not an oversupply — it’s a regional imbalance.

• Home prices typically rise faster than inflation.

• Homeowners have nearly 40X the net worth of renters.

Ralph’s Take

While the national headlines spark conversation, they rarely tell the whole story. Local markets can differ widely, and understanding those nuances is key to making informed decisions. A home is more than just a roof over your head, it’s a reflection of who you are, a place for the people you love, and a symbol of everything you’ve worked for. Every mortgage payment builds equity; it’s like living in your own savings account. Yes, buying is a responsibility, but the rewards grow with time. The key is having a clear plan, and the right guidance. When you're ready, I'm here to help you take that first step.