The housing market in 2025 is anticipated to see a slight decrease in mortgage rates, projected to settle in the mid-to-low 6% range. However, home prices are expected to rise at a more sustainable pace of around 3%. Staying informed and working with trusted professionals is crucial for buyers and sellers.
Tag Archives: home appreciation
Your Home is a Powerful Investment – So What’s Keeping You from Buying?
In 2023, concerns about a housing market crash were widespread, but home prices actually increased. This trend is consistent with historical data, as home values generally appreciate over time. High mortgage rates have deterred some buyers, but experts predict rates will decrease, potentially below 6%, making it a favorable time to consider purchasing a home.
How Can You Believe Prices are Falling with Low Inventory?
An ongoing consumer refrain at open houses and in grocery store conversations is “Home prices are crashing!” Is that true? Let’s explore some facts about this year’s home prices and the inventory impact, too. Last year at this time, many housing experts projected home prices were going to crash in 2023. Being disaster oriented, media outlets ranContinue reading “How Can You Believe Prices are Falling with Low Inventory?”
Is Homeownership the #1 American Dream? If So, Why Pursue It?
Everyone’s interpretation of the American Dream is unique and personal. But, for many people, it’s tied to a sense of success, freedom, and prosperity. These are all things that owning a home can help provide. A recent survey from Bankrate asked respondents which achievements they feel most embody the American Dream. The responses prove owningContinue reading “Is Homeownership the #1 American Dream? If So, Why Pursue It?”
Real Estate | Your@HomeTeam 