BiggerPockets Real Estate Podcast

Redfin’s 2025 Housing Market Predictions (Home Prices, Mortgage Rates, & More)

21 snips
Dec 13, 2024
Redfin's bold forecast for the 2025 housing market is here! Expect a 4% rise in home prices, but don't count on lower mortgage rates just yet. We delve into projected home sales and the possibility of affordable rents for everyday Americans. There's speculation on how political trends might boost homebuilding and why Gen Z might be shifting away from homebuying. Plus, insights on how increased apartment supply could alter rent dynamics. This discussion is packed with essential info for investors, agents, and future homeowners!
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INSIGHT

Home Price Prediction

  • Redfin predicts a 4% home price increase in 2025 due to continuing low inventory.
  • Dave Meyer finds this realistic, aligning with other expert predictions of 2-5% growth.
INSIGHT

Mortgage Rate Prediction

  • Redfin predicts mortgage rates will stay near 7% in 2025 due to anticipated tax cuts and tariffs.
  • Dave Meyer believes rates will be lower, in the sixes, influenced by bond investor concerns about inflation.
ADVICE

Investing with Higher Rates

  • Plan for higher interest rates when making investment decisions, advises Dave Meyer.
  • This conservative approach protects against downside risk, even if rates decrease.
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