If you're planning to buy or sell your home this year, here's an interesting look at where the real estate market is headed, based on an excerpt from a recent JPMorgan article dated February 10, 2025.
"With several variables impacting the U.S. housing market — from soaring home prices to rock-bottom demand — where’s the sector headed in 2025?"
The article lists these three key takeaways:
J.P. Morgan Research expects house prices to rise by 3% overall in 2025.
The higher-for-longer interest rate backdrop is here to stay, with mortgage rates expected to ease only slightly to 6.7% by the year end.
President Trump’s policies could have complex implications for the housing market, particularly on the issue of affordability.
Interested in the home price outlook for 2025? Read more...
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