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Zillow Reveals Top Housing Markets Expected to Surge in 2025

share-iconThursday, January 09 comment-icon3 weeks ago 10 views
News sources:
businessinsiderBUSINESSINSIDER
Zillow Reveals Top Housing Markets Expected to Surge in 2025

Credited from: BUSINESSINSIDER

  • High home prices and rising mortgage rates have led to decreased buyer demand and a slowdown in sales in the US housing market.
  • Forecasts show a potential increase in homebuying activity this year, with certain areas expected to experience the most competition.
  • Buffalo has been recognized as Zillow's hottest market for the second consecutive year, due to its affordability and strong job market.
  • Common characteristics of the hottest metros include relative affordability and inventory shortages, which heighten buyer competition.
  • Zillow forecasts 10 areas that will see the most intense competition from homebuyers in 2025, reflecting shifts in demand.

For the full article, visit Business Insider.

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