What are the so-called experts predicting for the housing market in 2025? Today, I will shed light on the anticipated changes in home sales, mortgage rates, and inventory.
Join me as I dive into the expert opinions and trends that will impact homeownership, providing valuable insights for real estate professionals and aspiring buyers alike.
Some key points I will discuss:
• Predictions point to a potential increase in home sales ranging from 2% to 12%
• Mortgage rates forecasted to stabilize around 6% with gradual declines
• Inventory levels are expected to improve, alleviating pressure on prices
• Home prices anticipated to rise modestly between 2% to 4%
• Significant shifts in buyer demographics and financing methods emerging
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Gary
* Gary serves on the South Carolina Real Estate Commission as a Commissioner. The opinions expressed herein are his opinions and are not necessarily the opinions of the SC Real Estate Commission. This podcast is not to be considered legal advice. Please consult an attorney in your area.
Don't forget to like us and share us!
Gary
* Gary serves on the South Carolina Real Estate Commission as a Commissioner. The opinions expressed herein are his opinions and are not necessarily the opinions of the SC Real Estate Commission. This podcast is not to be considered legal advice. Please consult an attorney in your area.
