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Online real estate marketplace Zillow says mortgage rates will fall, but only moderately. Alongside persistently high mortgage rates, experts predicted a continued, albeit slower, rise in home prices.
The real estate group also expects home prices to rise further in the coming year, though more slowly than in 2024. The number of homes on the market is and will continue to increase in 2025.
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Real estate bubbles are invariably followed by severe price decreases (also known as a house price crash) that can result in many owners holding mortgages that exceed the value of their homes. [ 32 ] 11.1 million residential properties, or 23.1% of all U.S. homes, were in negative equity at December 31, 2010. [ 33 ]
2025 existing home sale counts year-over-year: 17.3%. 2025 existing home median sale price year-over-year: 7.7%. Editor’s note: Data was sourced from Realtor.com and is accurate as of Dec. 10, 2024.
Oklahoma City, OK: No. 17 in 2025, up 21 spots from 2024. Birmingham, AL: No. 20 in 2025, up 21 spots from 2024. Cities that saw the biggest losses. Memphis, TN: No. 42 in 2025, down 30 points ...
See today's average mortgage rates for a 30-year fixed mortgage, 15-year fixed, jumbo loans, refinance rates and more — including up-to-date rate news.
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