It’s the season for housing market predictions, and we know who to call! Altos Research and HousingWire’s Mike Simonsen joins the show to share where his team thinks mortgage rates, home prices, housing inventory, and buyer demand will be in 2025. Every year, the HousingWire team puts together a phenomenal housing market forecast, touching on the topics investors, agents, lenders, and housing nerds care about while recapping the wildest surprises of the year prior.

Will mortgage rates finally fall below six percent in 2025? Will home prices dip with housing inventory up a substantial percentage year-over-year? And could agents and lenders finally get some relief with home sales, or will we still see sluggish purchasing and buyer activity? Not to spoil it, but Mike is optimistic about the 2025 housing market and what will come over the next twelve months.

Mike breaks down each prediction and what could affect YOU the most, whether you’re buying or selling homes. Plus, he shares the one metric his team is watching carefully to see which direction the 2025 housing market is headed. 

In This Episode We Cover

HousingWire’s 2025 housing market forecast and 2024 housing market recap

The mortgage rate range you can expect over the next twelve months

Home price growth and exactly how much the HousingWire team expects in 2025

Why housing inventory is starting to climb again (and whether it will continue in 2025)

One metric Mike and his team are paying very close attention to in 2025

The market’s reaction to the 2024 election and President-Elect Trump’s win

And So Much More!

Links from the Show

Join the Future of Real Estate Investing with Fundrise

Join BiggerPockets for FREE

Find Investor-Friendly Lenders

Dave's BiggerPockets Profile

On The Market Podcast 269 - 2025 Housing Market Predictions (+ How’d We Do Last Time?)

Altos Research

HousingWire’s 2025 Housing Market Forecast

Get Ready to Invest in 2025 with Dave’s Book, “Start with Strategy”

Jump to topic:

(00:00) Intro

(01:05) Biggest Surprise of 2024

(03:17) Housing Inventory Up 27%!

(08:42) American Migration Freezes

(12:57) 2025 Mortgage Rates

(16:46) More Homes on the Market?

(18:20) Post-Election Housing Market Changes 

(27:08) Home Price Forecast 

(27:49) One Thing to WATCH

Check out more resources from this show on BiggerPockets.com and  https://www.biggerpockets.com/blog/on-the-market-274

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