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Zillow, Fannie Mae diverge on 2025 housing market predictions

Housing Wire

Zillow also reported that, after a tumultuous five years, many measures of the housing market are trending closer to historic norms. Notably, while the flow of new listings to the market is still nearly 14% lower than it was before the COVID-19 pandemic, its much improved to compared to the deficit of 25% in March 2024.

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What rising inventory means for the 2025 housing market

Housing Wire

Lets look at last weeks data and see if we can tease out the signals for impact on the 2025 housing market. Housing inventory It is December, of course, so inventory is falling for the season. There will be fewer homes on the market each week until February or so. Can there be too many homes for sale?

Inventory 418
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Pending Home Sales Climb to Highest Level Since March

Appraisal Buzz

Pending house sales are a good indicator of market conditions and typically follow existing home sales by one to two months. According to the Realtor.com and WSJ Housing Market Ranking, homebuyers have focused on mid-sized, reasonably priced regions in the Midwest and Northeast, even if housing prices are still high.

Contracts 418
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NAR’s existing-home sales forecast for 2025 gets a haircut

Housing Wire

The National Association of Realtors (NAR) was one of the more bullish forecasters of the 2025 housing market, but the trade group has revised its outlook. NAR also updated its 2026 projections. It previously predicted home-price growth of 2% in 2025 and 2026, but it has revised these upward to 3% and 4%, respectively.

Realtors 278
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The state of US homeownership: Younger buyers hold the key

Housing Wire

The weaker demographics for homeownership and the disappearance of exotic loan options meant that the market couldn’t maintain such high numbers for long. In essence, this was a time of significant change, where the realities of the housing market were reshaping what the percent of homeownership would look like.

Buyers 457
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Fannie Mae: Housing Market in 2025 ‘Will Look a Lot Like 2024’

Appraisal Buzz

With mortgage rates forecast to remain above 6%, inventory expected to remain tight, and home prices predicted to stabilize at their current highs, its looking like the housing market wont see much of a thaw in 2025, Fannie Maes Economic and Strategic Research (ESR) Group says in a recent report.

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Rocket Companies announces deal to acquire Redfin for $1.75 billion

Housing Wire

The deal is projected to boost Rockets adjusted earnings per share by late 2026. .” Rocket expects the merger to generate over $200 million in run-rate synergies by 2027, including $140 million in cost savings from streamlining operations and $60 million in revenue gains by connecting financing clients with Redfin agents.

Brokerage 482