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- Home Prices in 2025...
Home Prices in 2025...
As more buyers start to come off the sideline, we could see another surge in home prices in 2025.
Housing inventory in many markets are still at extremely low keeping home prices steady. However, with mortgage rates likely to continue dropping, buyer demand is expected to increase.
Here’s a quick look at the current U.S. housing market inventory by county. Utah County, is sitting at just 3.2% higher inventory levels than October 2019. Even with this small increase from pre-pandemic years, there are still fewer sellers looking to sell than buyers looking to purchase their next home. This is keeping prices mostly steady overall. As more buyers start to come off the sideline, we could see another surge in home prices in 2025.
To discuss how this may impact your future real estate plans, call me immediately.
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