Navigating Today's Housing Market

The topic page covers the evolving dynamics of the U.S. housing market, focusing on the impact of mortgage rates, home prices, and rental costs. It explores how rising mortgage rates and home prices have made homeownership less affordable, driving many to rent instead. The content discusses the role of real estate investors, regulatory changes affecting real estate commissions, and the growing interest in alternative housing options like tiny homes. Additionally, it highlights regional variations in housing trends, the influence of economic factors such as inflation, and predictions for future market conditions. Guidance for prospective buyers and renters, including financial strategies and new legislation, is also provided.

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Experts see the 2025 housing market as ‘more of the same’

High prices and rising mortgage rates will continue to challenge buyers

January, 14th, 2025 By Mark Huffman

With home prices still rising in many areas of the U.S., affordable housing will remain one of the most pressing consumer and economic issues in 2025, especially if mortgage rates remain elevated.

There are fewer homes for sale, which has put upward pressure on prices. In November, the National Association of Realtors reported the median price of an existing home was $406,100, up 4.7% from one year ago.

Industry experts quizzed by ConsumerAffairs don’t expect much improvem...

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