The Corcoran Group founder Barbara Corcoran argues {that a} huge mortgage fee drop could be ‘super’ for the markets throughout an look on ‘Cavuto: Coast to Coast.’
Excessive house costs and elevated rates of interest have put a damper on the housing market previously few years, however there may be loads of pent-up demand, and a few areas are poised for critical progress subsequent 12 months.
Realtor.com launched its annual forecast for the high housing markets in 2025 on Tuesday, predicting which metro areas will seemingly be the most well liked based mostly on sunny gross sales progress, ample stock and relative affordability.
The highest 10 are solely within the South and West.
1. Colorado Springs, Colorado
Colorado Springs is anticipated to be the most well liked housing market within the nation subsequent 12 months. (iStock)
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2. Miami-Fort Lauderdale-Pompano Seashore, Florida
A cruise ship in Miami (Visions of America/Joseph Sohm/UCG/Common Pictures Group by way of Getty Pictures)
3. Virginia Seashore-Norfolk-Newport Information, Virginia-North Carolina
Virginia Seashore, Va., is anticipated to be within the high 5 of housing markets within the nation in 2025. (iStock)
4. El Paso, Texas
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5. Richmond, Virginia
Rounding out the highest 10 after Richmond are Orlando-Kissimmee-Sanford, Florida; McAllen-Edinburg-Mission, Texas; Phoenix-Mesa-Chandler, Arizona; Atlanta-Sandy Springs-Alpharetta, Georgia; and Greensboro-Excessive Level, North Carolina.
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On the low finish of the record, Realtor.com’s 2025 forecast predicts Albuquerque, New Mexico, can have the worst housing market out of America’s largest 100 metros, adopted by Windfall-Warwick, Rhode Island; San Jose-Sunnyvale-Santa Clara, California; Birmingham-Hoover, Alabama; and Madison, Wisconsin.
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