This is because a rate dip would pull more buyers than sellers back to the market, which would increase competition among buyers and give sellers the edge in negotiations. 4. Deals for renters will be less common Renters were able to claim all sorts of concessions in 2024, when new multi-...
National Housing Market Predictions for 2025-2029 The following is a summary for year-end 2024, 2025 and some predictions for the housing market through 2029. Although a recession is no longer predicted, economic growth is expected to decline from the robust rates of 2.9% in 202...
What will happen to the housing market in 2025? After dipping as low as 6.2 percent in September 2024, theaverage 30-year mortgage raterose back above 7 percent for most of early 2025. Previous predictions of lower rates in 2025 appear to be shifting, with experts now predicting rates will...
Research comparable home prices in your area.Sellers need to have the most up-to-date pricing intel oncomparable homesselling in their market. Know the market competition and price the home competitively. In addition, understand that in some price points it’s a buyer's market—you...
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...
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...
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...
What will happen to the housing market in 2025? After dipping as low as 6.2 percent in September 2024, the average 30-year mortgage rate has 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 ap...
The real estate market has seen a lot of unusual trends in the past couple of years, so it makes sense that you’d want the latest market update before you make any major decisions! Here’s the thing: Housing market predictions are about as reliable as weather forecasts. The real ...
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, OH3.2%3.2% ...