Current:Home > reviewsFastexy:Realtor group picks top 10 housing hot spots for 2025: Did your city make the list? -TruePath Finance
Fastexy:Realtor group picks top 10 housing hot spots for 2025: Did your city make the list?
SignalHub View
Date:2025-04-06 11:22:42
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! (57)
Related
- All That You Wanted to Know About She’s All That
- Sam's Club Plus members will soon have to spend at least $50 for free shipping
- What is THC? Answering the questions you were too embarrassed to ask.
- Powell stresses message that US job market is cooling, a possible signal of coming rate cut
- Macy's says employee who allegedly hid $150 million in expenses had no major 'impact'
- Las Vegas eyes record of 5th consecutive day over 115 degrees as heat wave continues to scorch US
- Russia issues arrest warrant for Yulia Navalnaya, widow of Alexey Navalny
- NYPD nixing ‘Courtesy, Professionalism, Respect’ slogan on new patrol cars for crime-focused motto
- In ‘Nickel Boys,’ striving for a new way to see
- Taylor Swift calls for help for fans as heat beats down in Switzerland
Ranking
- Tom Holland's New Venture Revealed
- Lena Dunham Reflects on Having Her Body Dissected During Girls Era
- TikToker Bella Brave, 10, Placed in a Medically Induced Coma
- Keri Russell Says Girls Were Out of the Mickey Mouse Club Once They Looked Sexually Active
- Tarte Shape Tape Concealer Sells Once Every 4 Seconds: Get 50% Off Before It's Gone
- Amazon offering $20 credit to some customers before Prime Day. Here's how to get it.
- Couple charged with murder in death of son, 2, left in hot car, and endangering all 5 of their young kids
- Audrina Patridge Debuts New Romance With Country Singer Michael Ray
Recommendation
'Malcolm in the Middle’ to return with new episodes featuring Frankie Muniz
Caitlin Clark back in action: How to watch Indiana Fever vs. Washington Mystics Wednesday
New students at Eton, the poshest of Britain's elite private schools, will not be allowed smartphones
Former Indiana lawmaker accused of pushing casino bill in exchange for a job gets a year in prison
Moving abroad can be expensive: These 5 countries will 'pay' you to move there
Wisconsin judge rejects attempt to revive recall targeting top GOP lawmaker
Regal Cinemas offer $1 tickets to select kids' movies this summer: See more movie deals
How the Kansas City Chiefs Are Honoring Cheerleader Krystal Anderson 4 Months After Her Death