Why Homeownership Still Wins in 2025

A family joyfully moves into their new home, surrounded by large windows and carrying boxes filled with belongings.

National Homeownership Month Wrap-Up, Market Insights, and Resources You Can Use

Homeownership Is Still One of the Smartest Moves You Can Make

As National Homeownership Month comes to a close, the message remains clear: owning a home remains one of the most effective ways to build long-term wealth, financial stability, and generational opportunity.

3 Reasons to Buy a Home This Summer (2025):

More Inventory = More Choices

In many areas—including parts of Greater New Orleans—buyers now have more listings to choose from than in recent months. This provides flexibility, room to negotiate, and more time to make decisions.

Less Buyer Competition

Summer tends to bring more serious, financially-prepared buyers into the market. With fewer bidding wars, buyers can purchase without overpaying.

Homeownership Is Still the #1 Wealth Builder

According to recent data, the average homeowner has a net worth more than 40 times greater than that of a renter. In Louisiana, modest property appreciation and low property taxes further boost this advantage .

Local Market Snapshot – New Orleans Metro, May 2025:

🏷️ Median Sales Price: $285,000 (+1.8% YoY)

🔄 Pending Sales: +18.1% – strong buyer interest

📉 New Listings: Down 9.1% – inventory still tight

⏳ Days on Market: 65 days – more breathing room for buyers

💰 List-to-Sale Ratio: 97.0% – sellers still receiving competitive offers

The Real Value of Homeownership:

Owning a home provides:

Equity Accumulation: Every mortgage payment builds ownership in a growing asset.

Payment Predictability: Fixed-rate mortgages protect against rising rents.

Lifestyle Stability: Homeownership enables control over space, renovations, and future planning.

Wealth Transfer: Homes serve as legacy assets that can support retirement, college, or future generations.

Louisiana + New Orleans Area Homebuyer Assistance Programs:

You don’t have to do it alone. These resources are designed to help homeownership become more accessible:

📌 City + State Programs:

LHC Mortgage Revenue Bond (MRB) Programs – down payment & closing cost assistance statewide for moderate-income buyers

NOLA Soft Second Mortgage Program – up to $65,000 in assistance for qualified buyers in New Orleans

Jefferson Parish First-Time Buyer Program – local assistance for eligible residents

🏦 Financial Institution Programs:

Many local and regional banks, credit unions and mortgage lenders have special programs depending on location and eligibility: 1) for qualifying homes in designated census tracts; 2) for low-to-moderate income households and 3) for specialized professions (healthcare, first responders, educators, etc).

📲 DM or contact me for a personalized list of programs you may qualify for.

Client Testimonials:

“Homeownership is knowing that this place is mine. It has been a fantastic experience and you get to learn a lot.”

– Johnny, Repeat Homebuyer, Gentilly

“Now that I'm a homeowner, my vision to achieve wealth has changed.”

–Keeta, First-Time Homebuyer, Gentilly

Final Thought:

Whether you’re just starting your homeownership journey or planning your next real estate move, 2025 is full of opportunity. Let's talk about how you can leverage local programs, market trends, and strategy to make smart, sustainable moves.

💬 Let’s talk strategy: DM me or schedule a consultation.

📞 504-517-0008

📍 Serving Louisiana & Mississippi | Residential + Investment Properties| #TheOWNLife