PREDICTION 2025 housing market
Key takeaways:
- House price may remain flat or grow in single digits in 2025
- Inventory is not expected to pick up anytime soon
- High mortgage rates to continue in 2025
- President Trump’s policies could have complex implications for the housing market, particularly on the issue of affordability: Cutting immigration would mean cutting labor supply in the construction industry, leading to increase in costs of construction
What to do if I am looking to sell:
Have patience as the house is expected to stay on longer on market and price your property right given buyers might face mortgage related challenges
What to do If I what to buy:
If you have been waiting for the price to drop, it might not happen in near term. Make sure you do the due diligence and ask the right questions.
If you’re looking to buy, sell, or just want to talk about market, I’d love to chat!
📍 Swati Jain
📱 973 650 9320
📧 swatijain.realtor@gmail.com