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Fannie Mae Projects Mortgage Rate Drops on the Horizon

Appraisal Buzz

According to Fannie Maes Economic and Strategic Research (ESR) Group , mortgage rates are now expected to end 2025 and 2026 at 6.3% Research from the ESR Group found that the lower mortgage rate outlook resulted in a small upward revision to existing-home sales outlook in 2025, though expectations for total home sales remain subdued.

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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% for 2026, as measured by the Fannie Mae Home Price Index (FNM-HPI).

Inventory 398
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Zillow, Fannie Mae diverge on 2025 housing market predictions

Housing Wire

.” Septembers dip in mortgage rates provided a tailwind to home sales in the second half of the year. Home values are forecast to tick up 2.2% Commentary from Fannie Maes Economic and Strategic Research (ESR) Group for December 2024 calls for the existing-home sales forecast to move only slightly higher.

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What Fed rate cuts in 2024 will mean for homebuyers

Housing Wire

For 2026, Fed officials projected rates to fall below 3% by the end of 2026 through three more quarter percentage point reductions. Instead, fresh economic projections from central bank officials showed rates would be slashed to a median 4.6% by the end of 2024, suggesting three 25 basis points (bps) cuts from current levels.

Inventory 488
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South Florida 2024 Year in Review

Lamacchia Realty

South Florida, despite a drop in sales has seen a steady rise in home value over the years due to demand and higher priced sales propping up average prices. 2024 Listings Rise for the First Time in Two Years After two years of sharp declines in home listings , including 2023’s record low since 1994, 2024 saw a 12.5%

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IS THE REAL ESTATE WINDOW CLOSING SHUT?

Will Springer Realtor

They wonder if they missed their opportunity to buy before interest rates rise along with home values. Estimated opening is 2026. Homes in exclusive areas like Newport Shores in Bellevue (pictured atop our newsletter) will likely see prices soar when those properties hit the market. And that answer appears to be “yes.”

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Real estate industry challenges, change and what to watch in 2025

Housing Wire

Housing attainability Housing affordability challenges are certainly not new and not surprising, especially in an environment that has seen home values increase rapidly in recent years in tandem with rising mortgage rates. real estate when conflicts have occurred in their home countries, forcing U.S.