Current:Home > ContactSignalHub-Realtor group picks top 10 housing hot spots for 2025: Did your city make the list? -WealthMindset Learning
SignalHub-Realtor group picks top 10 housing hot spots for 2025: Did your city make the list?
Benjamin Ashford View
Date:2025-04-07 14:42:35
The SignalHubend of the year means preparing for the one ahead and the National Association of Realtors is already predicting the hottest housing markets for 2025.
The NAR released The Top 10 Housing Hot Spots for 2025 on Thursday and map markers skew mostly toward Appalachia, with cities in the Carolinas, Tennessee and Indiana topping the list.
But markets to watch aren't the only predictions the organization is making. The NAR shared in a news release that mortgage rates will likely stabilize in the new year, hanging around 6%. At this rate, the NAR expects more buyers to come to the market, with a projection of 4.5 million existing homes listed in 2025. For comparison, in November, the average 30-year mortgage rate was 6.78%, per the association.
More houses may be on the market next year, but they aren't getting any cheaper. The NAR predicts the median existing-house price to be around $410,700 in 2025.
Interested in learning more about what cities are on the rise? Take a look at which 10 made the list for the hottest housing spots for 2025.
Buy that dream house:See the best mortgage lenders
Top 10 housing hot spots for 2025
The following list is in alphabetical order:
- Boston-Cambridge-Newton, Massachusetts and New Hampshire
- Charlotte-Conrod-Gastonia, North Carolina and South Carolina
- Grand Rapids-Kentwood, Michigan
- Greenville-Anderson, South Carolina
- Hartford-East-Hartford-Middletown, Connecticut
- Indianapolis-Carmel-Anderson, Indiana
- Kansas City, Missouri and Kansas
- Knoxville, Tennessee
- Phoenix-Mesa-Chandler, Arizona
- San Antonio-New Braunfels, Texas
How were these hot spots chosen?
The NAR identified the top 10 housing hot spots by analyzing the following 10 economic, demographic and housing factors in comparison to national levels:
- Fewer locked-in homeowners
- Lower average mortgage rates
- Faster job growth
- More millennial renters who can afford to buy a home
- Higher net migration to population ratio
- More households reaching homebuying age in next five years
- More out-of-state movers
- More homeowners surpassing average length of tenure
- More starter homes
- Faster home price appreciation
What are the mortgage rates in the 10 hot spots?
Can't see the chart in your browser? Visit public.flourish.studio/visualisation/20780837/.
Greta Cross is a national trending reporter at USA TODAY. Follow her on X and Instagram @gretalcross. Story idea? Email her at [email protected].
Disclaimer: The copyright of this article belongs to the original author. Reposting this article is solely for the purpose of information dissemination and does not constitute any investment advice. If there is any infringement, please contact us immediately. We will make corrections or deletions as necessary. Thank you.
veryGood! (59623)
Related
- Trump issues order to ban transgender troops from serving openly in the military
- Worried Chinese shoppers scrimp, dimming the appeal of a Singles’ Day shopping extravaganza
- Australia offers to help Tuvalu residents escape rising seas and other ravages of climate change
- 'Special talent': Kyler Murray's Cardinals teammates excited to have him back vs. Falcons
- 'Vanderpump Rules' star DJ James Kennedy arrested on domestic violence charges
- A teenager taken from occupied Mariupol to Russia will return to Ukraine, officials say
- Pregnant Teen Mom Star Kailyn Lowry Reveals the True Sexes of Her Twins
- Durham District Attorney Deberry’s entry shakes up Democratic primary race for attorney general
- Costco membership growth 'robust,' even amid fee increase: What to know about earnings release
- Is the Beatles' 'Now and Then' about Paul McCartney? Is it really the last song?
Ranking
- Justice Department, Louisville reach deal after probe prompted by Breonna Taylor killing
- John Stamos talks joining the Beach Boys and being SO. HANDSOME.
- John Bailey, who presided over the film academy during the initial #MeToo reckoning, dies at 81
- Joe Jonas, Sophie Turner and the truth about long engagements and relationship success
- Juan Soto to be introduced by Mets at Citi Field after striking record $765 million, 15
- Kansas City to hire 2 overdose investigators in face of rising fentanyl deaths
- Taylor Swift nabs another album of the year Grammy nomination for 'Midnights,' 6 total nods
- 'Special talent': Kyler Murray's Cardinals teammates excited to have him back vs. Falcons
Recommendation
Krispy Kreme offers a free dozen Grinch green doughnuts: When to get the deal
Man charged with killing a Michigan woman whose body was found in a pickup faces new charges
New Moschino creative director dies of sudden illness just days after joining Milan-based brand
Who’s running for president? See a rundown of the 2024 candidates
Current, future North Carolina governor’s challenge of power
Union says striking workers at Down East mill have qualified for unemployment benefits
John Stamos talks joining the Beach Boys and being SO. HANDSOME.
Michigan man cleared of sexual assault after 35 years in prison