With cooler weather approaching, will we see cooler home prices? Housing experts are starting to release their 2025 forecasts, and here's what they're saying.
Affordability remains a challenge for buyers due to rising prices and mortgage rates. However, we’re starting to see inventory levels increase, with homes staying on the market a little longer. While inflation still impacts the economy, the Fed is slowly reducing interest rates.
So, what does the future hold? Real estate forecaster CoreLogic predicts a 3.4% home price growth year-over-year for 2025, a slower pace compared to the last few years, which were marked by "unicorn" real estate trends. But it’s crucial to remember that local markets vary, and understanding regional trends is key to making informed decisions.
Whether you’re buying, selling, or investing, navigating today’s market requires a knowledgeable agent. Reach out to the RE/MAX NC Coastal Team for an in-depth market analysis and to get the latest data on inventory, pricing, and trends. We’re here to help you make the best decisions for your real estate goals!
Real Estate with a Purpose – where we put our clients and community first!
Comments