Will home prices crash in 2025?
Though potential homebuyers may be wishing for at least some relief from the high housing prices we are seeing across the US, including here in the Baltimore real market, economists don’t foresee a crash in housing prices.
In an article by MarketWatch, they share multiple economists views:
Realtor.com expects home prices to grow by 3.7% in 2025.
Bright MLS believes home prices will grow by 3.1% in 2025, so very close to Realtor.com’s take.
Fannie Mae expects home prices to grow by 3.6% in 2025, so also in line with Realtor.com and Bright MLS.
NAR, The National Association of Realtors breaks from the 3+% home price rise and only expects home prices to grow by 1.8% in 2025.
Of course, some areas may see some drops in home prices, as this is just a basic overview of the US housing market predictions for 2025. Even in a particular market area, like the Baltimore real estate market, different neighborhoods may see different results – some may rise a lot, some may fall slightly.
If you are considering buying or selling a Baltimore home, please contact me. I would be happy to help you navigate this continually changing market!
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