ilmscore | Housing Market SHIFTS: Price Cuts, Flat Rents, Buying Window Widens

Predictions from this Video

Total: 34
Correct: 0
Incorrect: 0
Pending: 34
Prediction
Topic
Status
An increase in home price cuts in the market.
"we are going to see more price cuts"
Housing Market Prices
Pending
Home sellers will lower their asking prices.
"sellers are going to have to ask for less."
Housing Market Sellers
Pending
Mortgage demand will remain somewhat subdued for the next few months (from May 2025).
"my guess is that we're going to see mortgage demand a little bit subdued over the last next couple months."
Mortgage Demand
Pending
Housing inventory will continue to increase gradually.
"Meanwhile, we're going to see inventory continue to increase, albeit slowly."
Housing Inventory
Pending
The housing market will not experience a crash.
"I don't think we're going to have a crash"
Housing Market
Pending
The housing market will transition from a sellers' market to a neutral or modest buyers' market within the next couple of months (from May 2025).
"that's going to further move us from the sellers market more into neutral and maybe to a modest buyer market in the next couple of months."
Housing Market Dynamics
Pending
US median home prices will be largely flat for the year 2025.
"I've been saying that I think prices were going to go pretty much flat this year."
Housing Market Prices
Pending
More major metro markets will experience negative home price growth.
"And I think some will turn negative a little bit."
Regional Housing Prices
Pending
High-performing housing markets will continue to grow but at a slightly slower rate.
"I think even the markets that are doing well will do well, but they'll do a little bit less well."
Regional Housing Prices
Pending
Mortgage rates will remain higher than many expected throughout 2025.
"my theory of mortgage rates for 2025 is proving correct and that rates are just staying higher than I think a lot of people were calling for."
Mortgage Rates
Pending
The Federal Reserve will hold interest rates steady in June 2025.
"personally, if I had to bet on it, I'd say they're holding rates in June again."
Federal Reserve Interest Rates
Pending
Mortgage rates will remain high for at least the next few months (from May 2025).
"Mortgage rates are probably going to stay high at least for the next few months."
Mortgage Rates
Pending
The apartment supply glut will take another 3 to 9 months to resolve (from May 2025).
"it's still going to take, I think, another three, six, maybe nine months to work itself out."
Apartment Supply
Pending
Rents and demand for single-family residences and small multi-family properties will remain steady.
"single family residences and small multifamilies will stay pretty steady."
Rental Market (Single Family/Small Multifamily)
Pending
Class B and C apartments in certain neighborhoods will experience lower rent growth and higher vacancy rates.
"C or B-class neighborhoods are probably going to have lower rent growth and they're going to have higher vacancy."
Rental Market (Class B/C Apartments)
Pending
Rent growth will be strong over the next couple of years.
"I do believe rent growth is going to be strong in the next couple of years."
Rent Growth
Pending
Rent growth will not pick up until 2026.
"I didn't think that rent growth was going to pick up till 2026. And I still believe that."
Rent Growth
Pending
The majority of the US housing market is shifting from a sellers' market to a balanced market, leading to softer prices and increased negotiation room.
"for the majority of the country, we're moving from this sellers market to a balanced market, which just means prices are going to be a little bit softer and there's going to be a little bit more wiggle room in negotiations"
US Housing Market
Pending
The US housing market will experience an increase in property price cuts.
"we are going to see more price cuts"
US Housing Market Prices
Pending
US mortgage demand will be subdued over the next couple of months (mid-2025).
"my guess is that we're going to see mortgage demand a little bit subdued over the last next couple months."
US Mortgage Demand
Pending
US housing inventory will continue to increase, though slowly.
"Meanwhile, we're going to see inventory continue to increase, albeit slowly."
US Housing Inventory
Pending
The US housing market will transition from a sellers' market to neutral, potentially becoming a modest buyer's market in the next couple of months (mid-2025).
"that's going to further move us from the sellers market more into neutral and maybe to a modest buyer market in the next couple of months."
US Housing Market Shift
Pending
US housing prices will remain largely flat in 2025.
"I've been saying that I think prices were going to go pretty much flat this year."
US Housing Prices
Pending
No housing price appreciation is expected for the next one to two years (from May 2025).
"I am not assuming any appreciation for the next year or two."
US Housing Appreciation
Pending
More attractive real estate investment opportunities ('juicier deals') will emerge in the next one to two years as the market softens.
"some juicier kinds of deals coming in the next year or two as the market softens."
Real Estate Investment Opportunities
Pending
The number of major US metros experiencing declining home prices will increase, with some currently flat or low-growth markets turning negative.
"Personally, I think this is going to rise cuz if you look at a lot of big markets, they're between 0ero and 1% 0 and 1.5%. And I think some will turn negative a little bit."
Regional Housing Markets
Pending
The Federal Reserve is likely to hold interest rates steady in June 2025.
"The odds are on the Fed holding rates in June again."
Federal Reserve Interest Rates
Pending
US mortgage rates will likely remain high for at least the next three months (from May 2025).
"Mortgage rates are probably going to stay high at least for the next few months. I don't know, but I think at least three months."
US Mortgage Rates
Pending
The existing apartment supply glut in the US will take an additional three to nine months to resolve (from May 2025).
"there's a huge supply glut in the United States for apartments right now. That has been going on for a while... it's still happening and it's still going to take, I think, another three, six, maybe nine months to work itself out."
Apartment Market Supply
Pending
Rents for single-family residences and small multifamily properties are expected to remain steady.
"My gut is zooming out that single family residences and small multifamilies will stay pretty steady."
Rental Market (Single-Family/Small Multifamily)
Pending
Demand for single-family rentals will remain high.
"I do think demand for single family rentals is going to stay high"
Single-Family Rental Demand
Pending
Class B and C apartment properties are projected to experience lower rent growth and higher vacancies.
"apartments that are in the C or B-class neighborhoods are probably going to have lower rent growth and they're going to have higher vacancy."
Rental Market (Class B/C Apartments)
Pending
If proposed Section 8 cuts pass and states do not cover the funding gap, it could lead to increased household instability, rent defaults, evictions, and homelessness for up to 9 million low-income individuals.
"if this passes and if states don't fill that gap, we could see literally 9 million people lose some of the financial assistance that they need to pay for housing... Some of them unfortunately might fall behind on rent. There might be an increase in evictions. There might be an increase in homelessness that comes around because of this."
Section 8 Program Impact
Pending
US rent growth is not expected to be significant in 2025 but is predicted to pick up and be strong starting in 2026.
"I do believe rent growth is going to be strong in the next couple of years. But I told you in the beginning of this year at the upside area, I didn't think that rent growth was going to pick up till 2026. And I still believe that. But again, don't count on a lot of rent growth this year."
US Rent Growth
Pending