Housing Market Predictions for 2025
Zillow predicts Buffalo to be the hottest housing market in 2025 with home prices forecasted to grow 3%. Other hot markets include Indianapolis, Providence, Hartford, and Philadelphia. Elevated mortgage rates are making it difficult for homebuyers in major American cities. Zillow also predicts falling home prices in cities like New Orleans, San Francisco, San Jose, and Austin.
Key Points
- Zillow predicts Buffalo to be the hottest housing market in 2025
- Elevated mortgage rates are affecting homebuyers in major American cities
- Zillow also forecasts falling home prices in certain cities like New Orleans, San Francisco, San Jose, and Austin
Pros
- Buffalo predicted to be the hottest housing market in 2025 with 3% home price growth
- Opportunities for potential homebuyers in less competitive markets with falling home prices
Cons
- Elevated mortgage rates making it difficult for homebuyers in major American cities