2025 Aspiring Homeowners Report - This Old House

Dec 11, 2024 · 70% of Aspiring Homeowners Say Prices Are Too High, and 41% Expect Them To Get Even Higher. The housing market remains a significant challenge for aspiring …

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2025 Aspiring Homeowners Report - This Old House

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Dec 11, 2024 · 70% of Aspiring Homeowners Say Prices Are Too High, and 41% Expect Them To Get Even Higher. The housing market remains a significant challenge for aspiring …

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Homeownership Statistics (2024) - This Old House

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Dec 20, 2024 · Homeownership in the United States. Third quarter 2024 U.S. Census Bureau data indicated a 65.6% homeownership rate, which has been trending upward since 2016. The …

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What To Watch For In 2025 Housing Market Predictions - NBC News

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Dec 8, 2024 · The median asking price for a home in the U.S. is likely to rise 4% over the course of 2025. A house for sale in Nashville, Tenn. Mark Zaleski / The Tennessean / USA Today …

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7 US Cities That Are Getting Too Expensive For First-Time ... - Nasdaq

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Dec 20, 2024 · Entering 2025, aspiring homeowners should especially watch out for these cities that are pricing out first-time homebuyers. San Jose, California Median home price: $1,432,941

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FAQs about 2025 Aspiring Homeowners Report - This Old House Coupon?

Will 2025 be a good year to buy a home?

2025 should prove to be another breather year for prospective buyers with slower home value growth and mortgage rates that stay below some of the peaks we saw in 2024. “Buying a home in 2024 was surprisingly competitive given how high the affordability hurdle became,’’ says Zillow® Chief Economist Skylar Olsen. ...

Will home prices rise again in 2025?

The real estate group also expects home prices to rise further in the coming year, though more slowly than in 2024. The number of homes on the market is and will continue to increase in 2025. "Homebuyers will have more success next year," Yun said in the report. ...

How many homes will sell in 2025?

The forecast is based on the assumption that interest rates will stay around 6.5%, and that more sellers will list their homes for sale. Zillow forecasts 4.3 million sales of existing homes in 2025, up slightly from the 4 million expected to sell in 2024. ...

How will the housing market change in 2025?

According to Realtor.com, housing starts for new single-family homes could hit 1.1 million in 2025, a 13.8% increase. All of these factors could improve the housing market going into 2025. Redfin predicts that home sales will increase anywhere between 2% and 9% next year. ...

Will housing inventory continue to improve in 2025?

As noted in our 2025 National Housing Forecast, at a national level, we expect that housing inventory will continue to improve as gradually dropping mortgage rates and time help to ease the lock-in effect on existing homeowners and builders continue to ramp up production, building homes to fill the large housing deficit. ...

Will high home prices make 2025 a renter's market?

Redfin expects high home prices next year to continue keeping first-time homebuyers out of the market and pushing them, or keeping them, instead in the rental market. According to the company, that would make 2025 a renter's market, with the units being built during the pandemic finally being put on the market, adding inventory. ...