HousingWire’s 2025 Housing Market Predictions: Rates, Prices, and More

Real Estate Rookie

BiggerPockets

How To, Education, Business, Investing, Entrepreneurship

4.8 • 1.7K Ratings

🗓️ 30 December 2024

⏱️ 35 minutes

🔗️ Recording | iTunes | RSS

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Summary

It’s the season for housing market predictions, and we know who to call! Altos Research and HousingWire’s Mike Simonsen joins the show to share where his team thinks mortgage rates, home prices, housing inventory, and buyer demand will be in 2025. Every year, the HousingWire team puts together a phenomenal housing market forecast, touching on the topics investors, agents, lenders, and housing nerds care about while recapping the wildest surprises of the year prior. Will mortgage rates finally fall below six percent in 2025? Will home prices dip with housing inventory up a substantial percentage year-over-year? And could agents and lenders finally get some relief with home sales, or will we still see sluggish purchasing and buyer activity? Not to spoil it, but Mike is optimistic about the 2025 housing market and what will come over the next twelve months. Mike breaks down each prediction and what could affect YOU the most, whether you’re buying or selling homes. Plus, he shares the one metric his team is watching carefully to see which direction the 2025 housing market is headed. In This Episode We Cover: HousingWire’s 2025 housing market forecast and 2024 housing market recap The mortgage rate range you can expect over the next twelve months Home price growth and exactly how much the HousingWire team expects in 2025 Why housing inventory is starting to climb again (and whether it will continue in 2025) One metric Mike and his team are paying very close attention to in 2025 The market’s reaction to the 2024 election and President-Elect Trump’s win And So Much More! Links from the Show Ashley's BiggerPockets Profile Tony's BiggerPokckets Profile Join BiggerPockets for FREE Real Estate Rookie Facebook Group Real Estate Rookie YouTube On the Market Altos Research HousingWire’s 2025 Housing Market Forecast Check Out "On the Market" Get Ready to Invest in 2025 with Dave’s Book, “Start with Strategy” Find Investor-Friendly Lenders 2025 Housing Market Predictions (+ How’d We Do Last Time?) Connect with Dave Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/rookie-503 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email [email protected]. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	Rickies, we know now is the time that everyone is looking ahead to 2025. What's in store for the real estate market?
0:05.4	Well, today we'll be sharing an episode from the On the Market podcast to help you have a clear idea of what 2025 will be like.
0:13.3	Will mortgage rates finally fall below 6%? Will home prices dip with housing inventory up a substantial percentage year over year?
0:19.7	Well, let's find out on today's episode.
0:21.9	It is officially prediction season, and today's guest is someone who never takes his eyes
0:27.0	off the data.
0:28.1	Mike Simonson of Altos Research is here to give us an update on the housing market as we
0:33.0	close out 2024 and give us a preview of what he anticipates for the coming year.
0:43.4	Hey friends, it's Dave.
0:45.2	Welcome to On the Market, the real estate news and economic show where we like to have
0:49.6	some fun while keeping you informed.
0:52.5	And I truly love asking people to make predictions because
0:56.2	no one likes doing it, but it's kind of fun. And even though no one is ever always right
1:01.5	with these predictions, I do think it is helpful to hear how people are thinking through
1:06.6	these unknowable questions about what's going to happen in the coming year.
1:12.0	And in today's episode, Mike threw out a prediction on mortgage rates without me even asking,
1:17.7	and he put some great logic and thinking behind it.
1:20.5	And I think it's going to help you all forecast what might happen in the year to come.
1:25.3	So at that, let's bring on Mike.
1:32.5	Yeah. might happen in the year to come. So at that, let's bring on Mike. Mike, welcome back to On the Market. Thanks for joining us.
1:35.8	Dave, it's always great to be here. Yeah, it is a pleasure to have you back. Always one of the
1:40.9	most informed analysts and watcher of the housing market that we can have.
	...

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