THIS Will Happen to the US Real Estate Market in 2025

Fannie Mae revised DOWNWARD their previous housing market forecast for home sales and mortgage rates through 2025.

In today’s video, I share all the details of their real estate market forecast for housing starts, home sales, home prices and mortgage rates in 2024 and 2025 (link below for the reports).

Thank you for watching the video! I appreciate you. Please like, share this video and subscribe!

➜➜➜ Get Connected To a GREAT Real Estate Agent here anywhere in the USA:

➜➜➜ PLAYLIST: Videos about Living in Sacramento

➜➜➜ SUBSCRIBE FOR MORE VIDEOS ➜➜➜

Compilation of Housing Market Forecast videos:

Source of the reports I shared in today’s video:

To give you a quick mortgage interest rates update, according to the Mortgage News Daily the average 30 yr fixed rate mortgage is around 6.4% for the current mortgage rates for people with exceptional credit (at the time of filming this video).

Comment below: what’s your housing market forecast? Do you think a housing crash will happen or are your housing market predictions that the real estate market and home prices will continue to surge?

----------------------------------------------------------------------------------
Products I use and like: ad

***
Jason Walter, CPA (inactive CPA lic 103885)
Sacramento real estate agent and native (DRE 01923240)
Mortgage Loan Officer, NMLS 2566691
Revest Homes (DRE 02174879, NMLS 2362319)

➜➜➜ SUBSCRIBE FOR MORE VIDEOS ➜➜➜

More of My YouTube Videos:

➜ PLAYLIST: Videos about Living in Sacramento

Royalty Free Music from Bensound

Disclaimer:
Jason Walter is not a practicing tax accountant or a licensed attorney or financial adviser. Therefore, the information in these videos shall not be relied upon as tax, legal, or financial advice from a qualified perspective. If you need such advice, please contact a qualified tax accountant, attorney, or financial adviser. We have taken reasonable steps to check that the information in this video is accurate but we cannot represent that it is free from errors. You expressly agree not to rely upon any information contained in this video - it is for entertainment purposes only.

This video description may contain affiliate links that allow you to easily find the items mentioned in my videos as well as support the channel at no cost to you. Thank you for your support! Jason Walter is a licensed real estate agent and mortgage loan originator with Revest Homes in California (DRE 02174879, NMLS 2362319).

For informational purposes only. This is not a commitment to lend or extend credit. Information and/or dates are subject to change without notice. All loans are subject to credit approval. Other restrictions may apply. Equal housing lender.

#housingforecast #FannieMae #housingmarket

[Mr.Moose_]

I feel like we are reaching the tip of the iceberg and people are finally realizing that if the majority stick together we can control the market. Let the few people buy homes and be underwater. I have seen literally thousands of homes in my area be built in the past few years. Those homes now are all of sudden coming back up for sale. These homes people typically stay in for 7 to 10+ years, not 3 or 4. This is good! Let them try and sell, let builders continue to build and sit. As long as WE the majority stick together homes will decrease. Do not feed into the FOMO or that houses will increase, patience is a virtue. Bide your time and prepare for the future.

[fartoplata]

As we all wait for the housing market to heal itself over the next decade, we should be directing all our frustration at our central planners who snapped their fingers and dictated that anyone who bought a house before 2020 has a monthly payment of $1500, and anyone after 2020 has a $3000 monthly payment. Wild. Like bailing out the bank CEO bonuses in '09 level of wild.

[JR-fhiz]

Inventory is rising because houses are sitting on the market longer. Houses sit on the market longer because they are overpriced. Somehow sellers/realtors are not making this connection these days.

[MetalPhoenix]

So, unemployment will be up, and rates will barely drop, and they are predicting a 9% increase in sales and an increase in prices. Makes sense. 🙄

[alucard]

This doesn’t surprise me. Apr don’t mean jack unless the price comes down. Apr may make you month cost cheaper. But won’t change your loan approval amount. Which in turn means can’t buy due to high price.

[trishworkout]

Very valuable info. Thank you. New subscriber.

[nitroneonicman]

I don't think home sales will improve meaningful until rates are back below 4%. That's what the current housing market is priced for. If you look historically the housing market typically doesn't improve in these markets until rates go significantly lower, and in this case an expectation of zero percent Fed funds rate has been set.

[Turosimplified]

Did market test recently not only I need to put HUGE CASH as downpayment but also monthly payment is insane, waaaay cheaper and safer to continue renting rn ….

[HVACOG]

How do you think the vacation market is going? Looking at big bear at the moment and the house I’m looking at has been sitting on the market for 150 days…. They started at 825. Now down to 725. “Estimated at 680-706k by Zillow”

Planning to put in an offer. Maybe 650?

[ronaldreagan-ikhz]

housing costs have just pulled 10 years of appreciation forward. its just ridiculous pricing.

[krose]

This is why I bought my 1st few properties in cash, everything is so unpredictable when you are counting on banks.

[bergbryce]

It's all market dependent... we just bought and sold and in our situation, it was a great time to buy. We had a contingent offer which would have not of even been considered in the past 3 or 4 years, it was accepted. And we staged and sold our existing house in 8 days at asking which was based on comps. This is a significant upgrade for us and this price point will not exist with interest rates even 0.5% lower. I personally feel we have done well. This is in 94598 btw.
It also really helps that as a seller you disavow yourself of getting 2021/2022 prices and price according to today's prices. We did this and had plenty of interest.

[SigFigNewton]

Currently better off than if I’d bought a home when last I moved.
Am glad I don’t live in one of the places that is still below pre pandemic supply levels

[dagmarsantanasantacruz]

This winter is when the party begins . Employment decrease, high home prices, high food and utilities prices, mediocre rates . Hmm I will sit down and watch.

[DAWGnROADIE]

I have been looking at 1200 sq ft homes in DFW and OKC, $200k + for 40+ y/o homes. Also Homeowner insurance has increased by 40% in two years.
The greedy rich have killed the American Dream

[LensdarlyDieujuste]

We'll have to wait and see if you're right. I'm assuming your predictions are based on the trajectory of the market.

[Kurplode]

Is there a way to categorize the age of the houses for existing sales?

Obviously anything bought in 2020 or before will sell for higher than a house bought in 2022 and sold in 2024.

Anyone that bought in 2022 would more than likely break even at best.

I think that matters more than anything.

[GaryScholten-rm]

Hi Jason. I was wondering if you have ever researched renovation data from general and/or specialty contractors? This might help predict potential home sales in the future.

[Steverz]

Happy Nerdy Humpday Jason
#LETSGETNERDY

[Courtney-Alice-Gargani]

OC prices won't go down. No more affordable houses in OC ever again.