HOUSTON HOUSING MARKET 2025 PREDICTIONS

2024 Brought about many changes in the real estate market with the NAR settlement changes, potential FED rate cuts and a change in power with the presidential election. All of these could be factors in the 2025 real estate market, so with these facts stated here are a list of predictions.

• Historically, leading up to the results of a presidential election housing sales tend to

  decline, but after elections and installation of new regimes home listings and sales tend

  to increase.

• Interest Rates are projected to go down and if so lower interest rates could increase

  buyer demand and drive up home prices, especially since many people hold out buying

  in an election year.

• NAR changes regarding the new settlement rules, which took effect on August 17, 2024,

  could continue to cause changes in the market since commission structures are now

  negotiable. Competition among real estate agents will continue to increase which could

  be a good thing for buyers and sellers.

• Home sellers will still find the spring and summer the Best time to list their home to sell.

  Sellers should always remember the main factors in selling their home are the condition,

  location and price.

• Buyers are projected to see more inventory in 2025, but as always the best deals will go

  quickly. Buyers need to be pre approved and move quickly when they find the right

  property.

• Technology in real estate will continue to increase with virtual tours, digital contracts and

  advertising on various social web sites, so both buyers and sellers should use these

  tools.

• Houston will still be one of the most affordable, diverse cities in the USA to buy or rent.

  Buyers always remember to partner with an experienced lender and realtor to get the

  best deal for you!

These are just predictions, but hope they give you a little food for thought about Houston real estate in 2025!