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Yang explained the benefits of waiting until 2025 to buy and outlined the following points. Potential for lower rates. Yang said, “Perhaps the Federal Reserve lowers rates even to 3.5% or 3%.
For homebuyers, the 2025 version of the housing market presents a mix of challenges and opportunities. On the unfavorable side of the ledger, home prices remain at record highs, and mortgage rates ...
Should I buy a house in 2025 or wait? In 2024, many prospective homebuyers chose to wait things out in the hopes that the coming year would bring a more advantageous market.
A high-interest-rate climate gives you less buying power, so buyers who opt to wait for lower rates may find themselves able to afford a higher-priced house, due to the lower mortgage payments.
“Buyers should think about what they want in a home — amenities, ideal location, how long it could take them to save for a down payment,” says Edwence Georges, a real estate agent with eXp ...
Here’s a look at what’s shaping up to be the hottest market of 2025, the price of its typical home, its daily living expenses — and what it might cost you to wait.
Market observers who spoke to ABC News said they expect both price increases and mortgage rates to ease in 2025 -- but only a smidge. The average rate for a 30-year fixed mortgage stands at 6.85% ...
"If I were going to be buying real estate right now and I had to take out a mortgage. I have to tell you, I think I would probably wait till about September to do so," Orman said on her podcast.