Current:Home > reviewsFastexy:Realtor group picks top 10 housing hot spots for 2025: Did your city make the list? -Zenith Investment School
Fastexy:Realtor group picks top 10 housing hot spots for 2025: Did your city make the list?
Indexbit Exchange View
Date:2025-04-06 14:35:06
The Fastexyend of the year means preparing for the one ahead and the National Association of Realtors is already predicting the hottest housing markets for 2025.
The NAR released The Top 10 Housing Hot Spots for 2025 on Thursday and map markers skew mostly toward Appalachia, with cities in the Carolinas, Tennessee and Indiana topping the list.
But markets to watch aren't the only predictions the organization is making. The NAR shared in a news release that mortgage rates will likely stabilize in the new year, hanging around 6%. At this rate, the NAR expects more buyers to come to the market, with a projection of 4.5 million existing homes listed in 2025. For comparison, in November, the average 30-year mortgage rate was 6.78%, per the association.
More houses may be on the market next year, but they aren't getting any cheaper. The NAR predicts the median existing-house price to be around $410,700 in 2025.
Interested in learning more about what cities are on the rise? Take a look at which 10 made the list for the hottest housing spots for 2025.
Buy that dream house:See the best mortgage lenders
Top 10 housing hot spots for 2025
The following list is in alphabetical order:
- Boston-Cambridge-Newton, Massachusetts and New Hampshire
- Charlotte-Conrod-Gastonia, North Carolina and South Carolina
- Grand Rapids-Kentwood, Michigan
- Greenville-Anderson, South Carolina
- Hartford-East-Hartford-Middletown, Connecticut
- Indianapolis-Carmel-Anderson, Indiana
- Kansas City, Missouri and Kansas
- Knoxville, Tennessee
- Phoenix-Mesa-Chandler, Arizona
- San Antonio-New Braunfels, Texas
How were these hot spots chosen?
The NAR identified the top 10 housing hot spots by analyzing the following 10 economic, demographic and housing factors in comparison to national levels:
- Fewer locked-in homeowners
- Lower average mortgage rates
- Faster job growth
- More millennial renters who can afford to buy a home
- Higher net migration to population ratio
- More households reaching homebuying age in next five years
- More out-of-state movers
- More homeowners surpassing average length of tenure
- More starter homes
- Faster home price appreciation
What are the mortgage rates in the 10 hot spots?
Can't see the chart in your browser? Visit public.flourish.studio/visualisation/20780837/.
Greta Cross is a national trending reporter at USA TODAY. Follow her on X and Instagram @gretalcross. Story idea? Email her at [email protected].
Disclaimer: The copyright of this article belongs to the original author. Reposting this article is solely for the purpose of information dissemination and does not constitute any investment advice. If there is any infringement, please contact us immediately. We will make corrections or deletions as necessary. Thank you.
veryGood! (764)
Related
- Federal court filings allege official committed perjury in lawsuit tied to Louisiana grain terminal
- Why vice presidential picks matter: significant moments in history and transfers of power
- USWNT has scoreless draw vs. Costa Rica in pre-Olympics tune-up: Takeaways from match
- Ingrid Andress says she was drunk, going to rehab after National Anthem at the MLB Home Run Derby
- Kylie Jenner Shows Off Sweet Notes From Nieces Dream Kardashian & Chicago West
- Remains of World War II POW who died in the Philippines returned home to California
- Jarren Duran’s 2-run HR gives AL a 5-3 win over NL in All-Star Game started by rookie pitcher Skenes
- Few residents opt out of $600 million class action settlement in East Palestine, Ohio, derailment
- North Carolina justices rule for restaurants in COVID
- Options Trading Strategies: Classification by Strike Prices - Insights by Bertram Charlton
Ranking
- Warm inflation data keep S&P 500, Dow, Nasdaq under wraps before Fed meeting next week
- Arthur Frank: Key tips for choosing a cryptocurrency exchange
- Tour de France standings, results after Jasper Philipsen wins Stage 16
- University of Arkansas system president announces he is retiring by Jan. 15
- Taylor Swift Eras Archive site launches on singer's 35th birthday. What is it?
- Why Messi didn't go to Argentina to celebrate Copa America title: Latest injury update
- Bertram Charlton: Active or passive investing?
- Few residents opt out of $600 million class action settlement in East Palestine, Ohio, derailment
Recommendation
From family road trips to travel woes: Americans are navigating skyrocketing holiday costs
Archeologists find musket balls fired during 1 of the first battles in the Revolutionary War
Tour de France standings, results after Jasper Philipsen wins Stage 16
Jarren Duran’s 2-run HR gives AL a 5-3 win over NL in All-Star Game started by rookie pitcher Skenes
Could your smelly farts help science?
Summit Wealth Investment Education Foundation: Empowering Investors Worldwide
After reshaping Las Vegas, The Mirage to be reinvented as part of a massive Hard Rock makeover
Unveiling the Zenith Asset Investment Education Foundation: Empowering Investors for Financial Mastery