ilmscore | Realtors and Bankers Agree: The Housing Market Will Boom in 2025

Realtors and Bankers Agree: The Housing Market Will Boom in 2025

Published: 2025-01-01
Status: Available | Analyzed

Predictions from this Video

Total: 13
Correct: 0
Incorrect: 0
Pending: 13
Unrated: 0
Prediction
Topic
Status
Existing home sales are predicted to increase by 9% in 2025.
"existing home sales will jump up by 9% in 2025"
Existing Home Sales
Pending
New home sales are predicted to increase by 11% in 2025.
"new home sales will jump up by 11% in 2025"
New Home Sales
Pending
Total mortgage origination is expected to grow by 28% in 2025.
"total mortgage origination is expected to jump up by 28 % in 2025"
Mortgage Origination
Pending
The job market is predicted to slow down in 2025, with fewer jobs added and the unemployment rate reaching 4.7% by year-end.
"the job market will likely slow down somewhat as we enter 2025 with fewer jobs added and the unemployment rate increasing to 4.7% by the end of 2025"
Job Market Slowdown
Pending
Inflation is expected to gradually decrease to the Federal Reserve's 2% target by the end of 2025.
"Inflation will gradually decline towards the FED 2% Target by the end of 2025"
Inflation Decline
Pending
Mortgage rates are not expected to decrease in line with Federal Reserve interest rate cuts.
"mortgage rates will not decline in tandem with the Federal Reserve Bank cutting interest rates"
Mortgage Rates
Pending
A large budget deficit is expected to prevent mortgage rates from falling to 4%.
"a large budget deficit will prevent mortgage rates from going down to 4%"
Mortgage Rates to 4%
Pending
The baseline forecast predicts mortgage rates will be 5.9% by the end of 2025.
"the Baseline forecast is for mortgage rates to end 2025 at 5.9%"
Mortgage Rates Forecast
Pending
Mortgage rates are expected to remain around 5.9% in the near future after 2025.
"they're expecting it mortgage rates to stay at the level for the kind of near-term future after that"
Mortgage Rates Stability
Pending
Home prices are projected to increase by 2% in 2025, reaching approximately $410,500.
"home prices in 2025 to rise only 2% to around $410,500"
Home Price Increase
Pending
Median home prices are expected to reach around $420,000 in 2026.
"median home prices in 2026 to rise to around $420,000"
Median Home Prices 2026
Pending
31% of repeat homebuyers are currently buying or plan to buy their next home with all cash.
"31% of repeat buyers are buying houses with all cash or planning to buy the houses with cash for the next home purchase"
Repeat Buyers All-Cash
Pending
The median age of a first-time homebuyer in 2024 was 38.
"the median age for a firsttime home buyer in 2024 was 38"
First-time Homebuyer Age
Pending