The year 2024 has been a noteworthy one for the national real estate market. Although mortgage rates have dipped since 2023, high home prices and continued low inventory have kept many potential buyers on the sidelines. With the holiday season upon us and the calendar about to turn the page to a fresh year, it’s a fitting time to assess the current landscape and consider what the future might hold for home buyers and sellers.
Key questions linger: Will home prices drop in 2025? Is now a smart time to buy a home? When might mortgage rates and the housing supply numbers improve? To find answers, I consulted industry experts to share their predictions for the housing market. Read their prognostications in my latest article published by The Mortgage Reports, available here.
