With the calendar about to turn over to a new year, our real estate agents are looking ahead to the future of home buying in Chicagoland. What will the real estate market hold for us all in 2025?
We spend a lot of time studying real estate trends, and we can make some educated predictions about what buying a home will look like in 2025.
Mortgage Rates Will Decline... A Little
One of the big topics of discussion heading into 2025 is whether mortgage rates will hold steady or decline. Most experts agree that mortgage rates are likely to fall throughout 2025, but not by much.
Don't Expect a Major Change in Home Prices
Will home prices rise or fall in 2025? The evidence suggests that prices will increase, but not significantly. Most metrics suggest a year-over-year in...