Reported 4 days ago
As we enter 2025, two major housing market trends are emerging: continued affordability issues and the potential increase in seller activity. Home prices are up slightly, while mortgage rates have reached their highest levels in months, creating record-high mortgage payments for buyers. Despite some signs of sales growth, affordability remains at a historic low. Additionally, the volume of new listings is beginning to stabilize, suggesting that more sellers may finally be entering the market. However, with mortgage rates expected to remain high, the impact on buyer demand and overall sales momentum is uncertain.
Source: YAHOO