News Formal

U.S. Housing Market Predicted to Change as 2025 Approaches

  • 📰 FOX29philly
  • ⏱ Reading Time:
  • 19 sec. here
  • 7 min. at publisher
  • 📊 Quality Score:
  • News: 28%
  • Publisher: 51%

Real Estate 뉴스

Housing Market,Zillow,Home Inventory

Zillow predicts that the U.S. housing market will become more active in 2025, with increased home inventory and modest home value growth. However, homebuyers should prepare for fluctuating mortgage rates. Zillow's chief economist, Skylar Olsen, notes that while more inventory will give buyers more negotiating power, affordability remains a significant challenge.

As 2025 approaches, the U.S. housing market is poised for a shift. On Monday, Zillow predicted a more active market with additional inventory for 2025, giving buyers more room to negotiate. However, homebuyers should expect some turbulence with fluctuating mortgage rates, even as more homes become available."Buying a home in 2024 was surprisingly competitive given how high the affordability hurdle became.

However, they have since climbed back to nearly 7%, changing the affordability picture for home buyers.Zillow said more swings like this are expected next year with refinancing sprints occurring during the dips.Zillow predicted that buyers markets will spread to the Sourthwest in 2024 as inventory continues to come unstuck in relatively affordable markets.

이 소식을 빠르게 읽을 수 있도록 요약했습니다. 뉴스에 관심이 있으시면 여기에서 전문을 읽으실 수 있습니다. 더 많은 것을 읽으십시오:

 /  🏆 570. in KR
 

귀하의 의견에 감사드립니다. 귀하의 의견은 검토 후 게시됩니다.

대한민국 최근 뉴스, 대한민국 헤드 라인

Similar News:다른 뉴스 소스에서 수집한 이와 유사한 뉴스 기사를 읽을 수도 있습니다.

Here's what the housing market will look like in 2025Mortgage rates will play a big role in shaping next year's housing market, according to a new report.
출처: FOX10Phoenix - 🏆 83. / 68 더 많은 것을 읽으십시오 »