Housing Market Predictions for 2025
The real estate landscape is shifting—here’s what you need to know for 2025:
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Mortgage Rates Stabilizing
Mortgage rates are expected to be broadly stable for the remainder of 2025 with Fannie Mae estimating that 30-year mortgage rates will average 6.8%
Source: Forbes
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More Millennial renters who can afford to buy a home than the national level
Why it matters: Millennials represent a significant portion of first-time homebuyers. Areas where more Millennials can afford homes are likely to see increased demand, especially for entry-level and starter homes, boosting local activity.
Source: NAR
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Faster home price appreciation than the national level
Why it matters: Faster price appreciation reflects a strong local housing market with increased demand, generating wealth for homeowners, attracting investment, and providing resources for community developments.
Source: NAR
