” says Keith Gumbinger, vice president at online mortgage company HSH.com. “This additional inventory, in turn, would ease the upward pressure on home prices, leveling them off or perhaps helping them to settle back somewhat from peak or near-peak levels.”...
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 moderate but not necessarily decrease in a substant...
It’s also shaping up as a breakthrough year for renters with pets as property managers increasingly recognize that fur babies are family members. Read on to see what other predictions our economists have for 2025.1. Home values will grow at a modest rate After several years of skyrocketing ...
keeping mortgage rates high,” Redfin economists Daryl Fairweather and Chen Zhao said intheir 2025 predictions. As for new construction, they say, “the Republican sweep of the White House, Senate and House has improved builder confidence by bringing renewed optimism that regulatory burdens may ease...
keeping mortgage rates high,” Redfin economists Daryl Fairweather and Chen Zhao said intheir 2025 predictions. As for new construction, they say, “the Republican sweep of the White House, Senate and House has improved builder confidence by bringing renewed optimism that regulatory burdens may ease...
keeping mortgage rates high,” Redfin economists Daryl Fairweather and Chen Zhao said intheir 2025 predictions. As for new construction, they say, “the Republican sweep of the White House, Senate and House has improved builder confidence by bringing renewed optimism that regulatory burdens may ease...
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 lis...
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% ...
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 appear to be shifting, with experts now predicting ...
Here are the mortgage rate predictions for 2025: READ: Compare Current Mortgage Rates • Fannie Mae: Rates Will Stay Above 6.5% The January Housing Forecast from Fannie Mae puts the average 30-year fixed rate at 6.7% in the beginning of 2025, declining to 6.5% in the first quarter of...