What Will Happen To the Housing Market in 2025?

By Mark Callender

Hello, my name is Mark Callender and I am a licensed real estate agent with RE/MAX Results. Because I have been helping families buy and sell their homes for more than 18 years, I am now helping their children to buy their first homes and their parents to downsize. No matter the direction you’re moving, my goal is to make the process as calm and enjoyable as it can be.

As we look toward 2025, experts are forecasting a much more favorable market for sellers than in the past few years. While the market has been somewhat unpredictable, the next few years promise a more stable landscape. For those considering selling their homes, 2025 is shaping up to be a year worth waiting for.

A better year for sellers

Experts predict that 2025 will be a better year overall for sellers than 2023 and 2024. While the market has been challenging recently, there’s good news ahead for sellers in 2025. If you’ve been thinking about selling your home, now might be the time to start preparing.

For buyers, if you’re hoping for interest rates to drop, the forecast isn’t promising. Rates are expected to hover around the 6% range, potentially just under 6%, with no significant decrease expected in the coming years. Meanwhile, home prices are expected to rise slowly, increasing by about 2% per year. Although it won’t be a dramatic jump, home prices will continue to rise.

What does this mean for sellers? If you’re thinking about selling in 2025, it’s expected to be a much better year than the last two. While homes are sitting on the market right now, there’s optimism for 2025. As interest rates drop, competition will increase, and buyers will start entering the market. The longer you wait, the more competition you’ll face, so it’s wise to act sooner rather than later.

If you’re ready to sell, now is the time to get ahead of the market before the buyers flood in. Contact me at (763) 323-6236 or email me at mark@markcallenderhomes.com. Let’s make 2025 a successful year for you!