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Showing posts with the label Zillow

The 5 Biggest Factors Influencing the Housing Market in 2025

As we look ahead to 2025, many buyers and sellers are wondering: What’s next for the housing market? According to Zillow, home prices are expected to grow at a more moderate pace, with a projected 2.6% national increase and an estimated 4.3 million home sales —up from 4 million in 2024. If you’re planning to buy or sell, understanding the key trends shaping the market can help you make informed decisions. Here are five major factors that will influence the housing market in 2025. 1️⃣ Interest Rates & Affordability Mortgage rates play a huge role in home affordability, and experts predict they will stabilize in 2025 after recent fluctuations. Lower rates could encourage more buyers to enter the market, but even a slight increase could impact affordability. 🔹 What This Means for You: Buyers should keep an eye on interest rate changes and act when conditions are favorable. Sellers should be prepared for shifts in buyer demand based on rate trends. 2️⃣ Home Prices & Affordabil...

What to Expect from the Housing Market in 2025: Insights for Buyers, Sellers, and Renters

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  The real estate market is gearing up for an eventful 2025, with promising opportunities and a few challenges to navigate. From shifting buyer-seller dynamics to mortgage rate rollercoasters, here’s what you need to know about Zillow’s latest housing market predictions—and how you can prepare to make the most of the year ahead. A More Active Market and Room for Buyers to Breathe After a competitive 2024, 2025 may feel like a welcome change. Zillow anticipates a more active market, with home sales picking up and modest home value growth of about 2.6%. That’s good news for buyers, who can expect more inventory and negotiating power. If you’ve been waiting for the right moment to jump in, this could be your year! Key Takeaway: More homes on the market mean more options, less rush, and a better chance to find your dream home. Mortgage Rates: Buckle Up for a Bumpy Ride While there’s optimism that mortgage rates could ease, their unpredictable nature means potential buyers should stay ...