Remove 2025 Remove Home Value Remove Inventory
article thumbnail

Housing Market Predictions for 2025

Appraisal Buzz

Key Takeaways Interest rates should continue to decrease in 2025. Housing inventory will likely still be low in 2025, and demand could increase. Will Interest Rates Go Down in 2025? Good news: Mortgage rates will likely continue going down in 2025! Will the Housing Market Crash in 2025?

article thumbnail

Zillow, Fannie Mae diverge on 2025 housing market predictions

Housing Wire

Dramatic mortgage rate movements are destined to play a major role in the coming year, according to Zillow ‘s newest forecast , which also calls for declining mortgage rates to be a catalyst for home-sales growth and home-price appreciation in 2025. “There’s a strong sense of dj vu on tap for 2025.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Home Price Growth to Decelerate Over the Next 24 Months

Appraisal Buzz

According to the Q4 2024 Fannie Mae Home Price Expectations Survey (HPES) , following an average expectation for national home price growth of 5.2% in 2024, a panel of more than 100 housing experts forecasts home price growth to decelerate to 3.8% in 2025 and 3.6% for 2025, and 3.3% for 2024, 3.1%

Inventory 397
article thumbnail

Examining 2024 Home Price Trends 

Appraisal Buzz

home values had an annual growth of 3.6%a Lisa Sturtevant, Chief Economist at Bright MLS, also commented on the S&P CoreLogic Case-Shiller Home Price Indexs release and had this to say: The S&P CoreLogic Case-Shiller Home Price Index showed that home prices rose again in October. last month).

Inventory 359
article thumbnail

Will Home Sales Increase in 2025?

Appraisal Buzz

According to Zillows estimate, a prediction of gradually falling mortgage rates in 2025 portends modest growth in both sales and home price appreciation. The second half of this years home saleswas boosted by a September decline in interest rates; Zillow projects 4.06 By 2025, that figure ought to increase somewhat to 4.16

article thumbnail

Single-Family Home Starts Rise for Second Straight Month

Appraisal Buzz

Builders improved outlook is likely due to the beginning of the Fed’s easing cycle and expectations of lower interest rates in 2025.” The housing market remains structurally underbuilt, and homeowners with locked-in low mortgage rates are keeping existing-home inventory limited. home value is $359,892, up 2.7%

article thumbnail

Single-Family Rents Climb to Record High

Appraisal Buzz

While builders response has kept multifamily rent growth steady for several months and stubbornly high mortgage rates are limiting buyer demand and home value increases, detached single-family home rentals are still rising at an accelerating rate. In the meantime, owned home value growth has leveled out at 2.6%

Inventory 370