By Larry Mastropieri
December 16, 2024
As we approach 2025, the real estate landscape continues to evolve, driven by changes in economic policies, mortgage rates, and shifting buyer and seller dynamics. The latest Realtor.com housing forecast provides a data-rich analysis of expected trends, highlighting opportunities and challenges for buyers, sellers, and investors. Whether you’re exploring Boca Raton real estate or interested in broader market patterns, here’s what to expect.
Mortgage Rates and Affordability Trends in 2025
Mortgage rates are forecasted to average 6.3% in 2025, with a year-end rate of 6.2%. Although slightly lower than 2024’s average, these rates remain significantly higher than pre-2020 levels. For Boca Raton Realtors, this means home affordability will continue to challenge buyers. However, policies under the Trump administration could lead to higher disposable incomes due to tax reductions, potentially improving affordability for some households.
