Atlanta Makes the Top Housing Markets List for 2025!
Posted: December 10, 2024 | Categories: News
Where will it be hot in 2025?
Realtor.com has identified their top 20 cities where they expect home sales to soar. At the top of the list is Colorado Springs, Colorado with a projected increase in existing home sales by 27.1%. Atlanta is ranked at number 14 with a projected increase of 15.1% increase.
The direction of the 2025 housing market will likely be shaped by mortgage rates.
While rates climbed in late 2024, many experts predict they will fall in the coming months. The Realtor.com 2025 Housing Outlook anticipates mortgage rates to dip to 6%. If that happens, demand could rise nationwide, but don’t expect red-hot markets to lose their edge.
“Improving affordability could start to shake up buyer demand,” says Jones. “However, many less-hot markets across the country have seen a significant buildup in housing inventory, which can absorb an uptick in demand without much upward price pressure.”
Author: Realtor.com