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The Wall Street Publication > Blog > Economy > Prime housing markets for 2025 revealed in new forecast
Economy

Prime housing markets for 2025 revealed in new forecast

Editorial Board Published December 11, 2024
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Prime housing markets for 2025 revealed in new forecast
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The Corcoran Group founder Barbara Corcoran argues {that a} large mortgage charge drop can be ‘tremendous’ for the markets throughout an look on ‘Cavuto: Coast to Coast.’

Excessive dwelling costs and elevated rates of interest have put a damper on the housing market prior to now few years, however there may be loads of pent-up demand, and a few areas are poised for critical progress subsequent 12 months.

Realtor.com launched its annual forecast for the highest housing markets in 2025 on Tuesday, predicting which metro areas will seemingly be the most popular based mostly on sunny gross sales progress, ample stock and relative affordability.

The highest 10 are completely within the South and West.

1. Colorado Springs, Colorado

Colorado Springs is anticipated to be the most popular housing market within the nation subsequent 12 months. (iStock)

WANT TO BUY A HOME IN 2025? HERE’S WHERE MORTGAGE RATES WILL LAND

2. Miami-Fort Lauderdale-Pompano Seashore, Florida Port Miami

A cruise ship in Miami (Visions of America/Joseph Sohm/UCG/Common Photos Group by way of Getty Photos)

3. Virginia Seashore-Norfolk-Newport Information, Virginia-North Carolina Virginia Beach

Virginia Seashore, Va., is anticipated to be within the prime 5 of housing markets within the nation in 2025. (iStock)

4. El Paso, Texas El Paso Texas skyline

AMERICANS NEED 6-FIGURE SALARIES TO AFFORD HOUSE IN MOST CITIES, NEW ECONOMICS REPORT SHOWS

5. Richmond, Virginia Richmond Virginia

Rounding out the highest 10 after Richmond are Orlando-Kissimmee-Sanford, Florida; McAllen-Edinburg-Mission, Texas; Phoenix-Mesa-Chandler, Arizona; Atlanta-Sandy Springs-Alpharetta, Georgia; and Greensboro-Excessive Level, North Carolina.

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On the low finish of the listing, Realtor.com’s 2025 forecast predicts Albuquerque, New Mexico, may have the worst housing market out of America’s largest 100 metros, adopted by Windfall-Warwick, Rhode Island; San Jose-Sunnyvale-Santa Clara, California; Birmingham-Hoover, Alabama; and Madison, Wisconsin.

TAGGED:ForecasthousingMarketsRevealedtop
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