Market Update: 2025 Housing Market Forecasts
As we step into 2025, the housing market is poised for notable changes. Experts forecast a moderation in home price appreciation, with rates stabilizing compared to the rapid increases seen in previous years. This shift is attributed to a gradual rise in mortgage rates and an anticipated increase in housing inventory, providing buyers with more options and potentially easing the competitive landscape. For homeowners and prospective buyers, understanding these trends is crucial for making informed decisions in the evolving real estate market.
Some Highlights
Wondering what to expect when you buy or sell a home this year? Here’s what the experts say lies ahead.
Mortgage rates are projected to come down slightly. Home prices are forecast to rise in most areas. And, there will be more homes available for sale.
Want to know more about what this could mean for your plans this year? Let’s connect to discuss your 2025 goals.