Most experts do not expect a housing market crash in 2024 since many homeowners have built up significant equity in their homes. The issue is primarily an affordability crisis. High interest rates and inflated home values have made purchasing a home challenging for first-time homebuyers...
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 liste...
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 ...
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 ...
Is 2024 a good time to buy a house? New York City real estate expert and agent Frances Katzen explains. Zillow has released its annual predictions for the hottest housing markets of the year – and they all reside east of the Mississippi. In its analysis, the real estate company looked at...
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...
Realtor.com's forecast and housing market predictions on key trends that will shape the year ahead. Home prices, market trends and more as we look toward 2024.