Home sales – newly constructed and existing- could rise by 10% in each of the next two years. Steady mortgage rates and more inventory will help. In addition, job growth has boosted a sizable pent-up housing demand to hit the market in the upcoming years.
Where are the jobs? The green colored states are hot and home sales forecast is naturally better in these states.
Source: LinkedIn
related news & insights.
January 20th 2025 Weekly Real Estate Update
Last Week in Real Estate It was a busy week in Sun Valley for real estate, and after a slow start to 2025 the numbers picked up. With limited snow (and not much in the forecast - we could use some attention, Mother Nature!), we'll see if people focus a bit more on real estate [...]
January 13th 2025 Weekly Real Estate Update
The Week in Real Estate With the market off to a slow-ish start in 2025, it's a good time to look at our extensive 2024 Market Report to review the activity in our various areas. I would love to answer any questions you have about the report and how last year's numbers might impact this [...]
Courtesy of Berkshire Hathaway HomeServices Sun Valley Properties. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the Sun Valley MLS. Detailed information about real estate listings held by brokerage firms other than Berkshire Hathaway HomeServices Sun Valley Properties include the name of the listing broker. Neither the listing company nor Berkshire Hathaway HomeServices Sun Valley Properties shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. . All rights reserved.