The housing market in 2025 could have a more favorable outlook than much of 2024 had, due to improving mortgage rates and inventory levels. There’s still uncertainty in the air, though: Rising prices and slowing construction could cause some trouble for buyers in 2025, and the impact of the...
What will happen to the housing market in 2025? After dipping as low as 6.2 percent in September 2024, theaverage 30-year mortgage ratehas risen to 7.08 percent as of early January 2025, despite three rate cuts from the Fed since September. Previous predictions of lower rates in 2025 appear...
Here’s the thing: Housing market predictions are about as reliable as weather forecasts. The real estate professionals make their best predictions based on data, but no one can know what’s going to happen with 100% accuracy. Still, even though the housing market is uncertain, you can liste...
What will happen to the housing market in 2025? After dipping as low as 6.2 percent in September 2024, theaverage 30-year mortgage ratehas risen to 7.08 percent as of early January 2025, despite three rate cuts from the Fed since September. Previous predictions of lower rates in 2025 appear...
“While housing affordability remains low, builders are feeling more optimistic about 2025 market conditions,” said Carl Harris, NAHB chairman, in a recent statement. Will home prices go down? The median sale price for an existing home in the U.S. hit a record-high $426,900 in June 2024...
Local Market Predictions: All real estate is local and while the national trends are instructive, what matters most is what’s expected in your local market. Metro 2024 Sales Growth % y/y 2024 Price Growth % y/y Akron, OH 3.2% 3.2% Albany-Schenectady-Troy, NY 1.1% 3.7% Albuquerqu...
Notably, government-sponsored mortgage lender Freddie Mac stands out with one of the most conservative predictions, anticipating a modest 0.6% growth—the second-lowest estimate among the forecasts reviewed. In a national housing market with just 0.6% annual appreciation, some regional housing marke...
While the current rating is lower, it’s still in line with normal fluctuations in the local market. Architectural Billings | 42.6 -1.7 YoY U.S. News Boise Real Estate Market: Predictions The outlook for the 2025 housing market in Boise all comes down to interest rates. According to Madden...
2024 Housing Forecast Paid Content: Sunny skies for real estate? Realtor.com delivers predictions for the year ahead in the housing market The past year has been a particularly brutal one for the housing market. Buyers can't afford to buy, sellers don't want to sell, mortgage rates are at...
Austin Real Estate Market Predictions With the spring selling season quickly approaching, experts are divided about where home prices will go. If mortgage rates tick upward, we could see price declines as buyers pull back and wait for rates to drop again. If rates go down, as many housing ex...