In this October 2025 episode of State of the Market, Dewayne Carpenter and Kirk Kessel unpack why mortgage rates rose again after the Fed’s rate cut—and what that means for both buyers and sellers across Brevard County’s Space Coast.
Learn more about how this impacts the Space Coast real estate market:
👉 https://carpenterkessel.com/state-of-the-marketplace
September and October proved that the bond market—not the Fed—drives mortgage rates. After dipping to 6.13%, rates bounced back to 6.33%, marking the second straight month of volatility. Meanwhile, inventory continues to decline—not from surging demand, but because sellers are pulling listings instead of slashing prices.
With the lock-in effect keeping many homeowners at 2–4% mortgages and 40% owning free and clear, sellers have little pressure to sell. For buyers, that means fewer choices and a market that rewards preparation, strategy, and timing.
📊 Key Real Estate Trends – October 2025
✔️ Mortgage Rate Repeat – Dropped to 6.13%, rose again to 6.33%
✔️ Bond Market Rules – Rates respond to inflation & investor sentiment, not the Fed directly
✔️ Inventory Keeps Dropping – Fewer listings since March’s peak
✔️ Sellers Holding Out – More waiting, fewer price reductions
✔️ Lock-In Effect – 2–4% legacy mortgages keeping supply tight
✔️ 40% of Homeowners Own Free & Clear – Minimal selling pressure
🛠️ Seller Insights
✔ Evidence-based pricing is essential
✔ Broad exposure still drives top results
✔ Experience matters—representation counts more than ever
🎯 Buyer Strategy
✔ Lock-in strategy ready before rate dips
✔ Expect choppy mortgage movement month to month
✔ Act quickly when the right property appears
📌 Want expert insight and a winning strategy?
Connect with the CK Team:
👉 https://carpenterkessel.com
⏱️ Dewayne & Kirk’s Top Takeaways – October 2025 | Space Coast Real Estate
[00:00:00] 📈 Market Snapshot – Rates drop, then pop after Fed cut
[00:00:30] 💰 Bond Market Reality – Why rates move independently of the Fed
[00:01:00] 🏡 Inventory Update – Decline continues since March
[00:01:30] ⚖️ Seller Behavior – Waiting out the market, not cutting prices
[00:02:00] 💸 Lock-In Effect – Low mortgage rates & free-and-clear owners
[00:02:30] 🎯 Buyer Strategy – Prepare for volatility & limited inventory
📺 Watch now to stay informed on Brevard County’s evolving real estate market.
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