housing market predictions

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Top 10 Hottest Housing Markets in 2025

The real estate market is set for a shakeup in 2025, as affordability, reduced mortgage lock-in effects, and robust job growth steer buyers toward emerging metropolitan areas. According to a new report from the National Association of Realtors (NAR), a mix of affordability and favorable conditions is creating fresh opportunities for homebuyers and investors alike. Midwest Revival: Indianapolis and Grand Rapids NAR predicts a Midwest revival, with Indianapolis and Grand Rapids, Michigan, making the list. Grand Rapids benefits from a strong starter-home market and lower mortgage proportions at higher interest rates, creating room for inventory expansion. Meanwhile, Indianapolis’s affordability is

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Will Home Prices Drop in 2025?

The 2024 housing market has been challenging, with high mortgage rates and limited inventory making it tough for buyers. While a housing crash is unlikely, experts predict conditions will improve, making home buying easier in the near future. 2024 Housing Market Overview In early 2024, home prices reached new highs, and mortgage rates stayed near 20-year peaks, leading to lower demand. However, mortgage rates dropped over the summer, before rising again to 6.24% in October. Prices also saw a 2.7% increase, averaging $359,892 in September. Experts expect mortgage rates to ease and price growth to moderate in 2025. Why Are

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