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recent Bright MLS survey indicates a rise in inventory is making it easier for buyers to find their next home. The Mid-Atlantic real estate market, which includes Washington, D.C., has seen a decrease in bidding wars during the first quarter of 2025. With more options available, this spring has been favorable for buyers.

    "Buyers are seeing more choices and facing fewer obstacles compared to last year," said Bright MLS Chief Economist Lisa Sturtevant. "While it's not yet a buyer's market, conditions are easing."

    The survey found that nearly 40% of buyers who closed on a home in the first quarter searched for less than a month, double the share from the same period last year. Half of all buyers only had to make one offer to secure their home.

    However, first-time buyers still face challenges, with only 43% closing after making just one offer, compared to 51% of repeat buyers. Many buyers (45%) made compromises on their wish list, often sacrificing location, quality, or price.

    Despite high mortgage rates, fewer potential buyers are being discouraged this year. Over 80% of agents reported that the buyers they worked with found it easy to qualify for a mortgage. If rates continue to decline, along with increasing inventory, more buyers may be enticed into the market this spring.