Football season is over with! Can we please get
back to doing Real Estate?
Absolutely, with the Super Bowl behind us, it's time to refocus on the real estate market. As of February 2025, the housing sector is experiencing notable trends:
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Home Prices: J.P. Morgan Research anticipates a 3% rise in house prices this year, indicating steady growth.
Mortgage Rates: The average 30-year fixed-rate mortgage began February at 6.89%, down from a peak of 7.79% in October 2023.
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Inventory Levels: An 11.7% year-over-year increase in home inventory is providing buyers with more options.
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Market Balance: Experts predict a more balanced market, with opportunities and challenges for both buyers and sellers.
These developments suggest a dynamic real estate landscape in 2025.
Football season is over with! Can we please get
back to doing Real Estate?
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