2025 Real Estate Outlook:
The meteoric rise in home prices slowed down in 2024, with experts predicting moderate increases of around 4-6%. In some areas, home prices will be flat or start trending downward. This moderation is attributed to factors like rising interest rates, increased housing supply, and economic uncertainty.
Speaking of rates, they have continued to rise with the uncertainty around election season. Q1 will be big to indicate the direction they will go!