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The real estate surge is predicted to take place primarily in the South and the West, including states like California, a state with 10 regions in Realtor.com’s top 100 of 2025.
While California’s notoriously high-priced real estate market has faced challenges recently, 2025 is shaping up as a promising year for buyers, especially in high-demand areas, Clarke said.
The Southern California real estate boom of the 1880s, also the boom of the eighties, and sometimes just called the 1887 real estate boom, was the first big settlement push into Los Angeles County (including what is now Orange County), San Diego County (including what is now Imperial County), San Bernardino County (including what is now ...
San Diego and Los Angeles had maintained consistently high appreciation rates since late 1990s, whereas the Las Vegas and Phoenix bubbles did not develop until 2003 and 2004 respectively. It was in the East Coast, the more populated part of the country where the economic real estate turmoil was the worst.
The home-owners' estimates reflect an appreciation of 2% per year in real terms, which is significantly more than the 0.7% actual increase over the same interval as reflected in Case-Shiller index. Shiller also offers some explanations as to why a continuous uptrend is not observed in real home prices:
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In 1993, Jeff Hyland and Rick Hilton co-founded Hilton & Hyland with the original intent of creating a highly personalized real estate firm that today is the highest grossing single office in the world. Casa Encantada, the most expensive home listing in Los Angeles at $225 million, is currently listed by Hyland. [13]
Would-be homebuyers continue to be discouraged by elevated mortgage rates and rising home prices. ... a real estate data firm, predicts total home sales will increase by 9 percent in 2025 compared ...