BiggerPockets Daily Zillow's Housing Predictions For 2025
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Dec 5, 2024 Zillow predicts big changes for the housing market by 2025. Expect rising home sales and fluctuating mortgage rates. The Southwest may see emerging buyer's markets. Additionally, smaller homes are becoming increasingly popular among buyers. This insightful discussion prepares investors, buyers, and sellers to capitalize on upcoming opportunities.
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Increased Home Sales
- Zillow predicts rising home sales, likely due to a lower interest rate environment.
- This could mean more inventory and negotiating leverage for investors.
Choppy Mortgage Rates?
- Zillow predicts fluctuating mortgage rates in 2025 due to market instability.
- Matt Mir disagrees, expecting rates to stabilize and decrease to around 5%.
Southwest Buyer's Market
- Zillow predicts a buyer's market in the Southwest due to increased inventory.
- This assumes mortgage rates won't drop enough to significantly increase buyer demand.