Gregg Herpst Real Estate

U.S. Housing Market Shift Ahead

U.S. home prices projected to drop 2% in 2025 as inventory nears pre-pandemic levels, shifting the market toward buyers.

High mortgage rates and stagnant incomes keep affordability strained, limiting buyer activity despite price declines.

Rental growth slows sharply, with single-family rents rising 2.75% in 2025 versus 4.5% in 2024.

Sellers face longer sales timelines, requiring competitive pricing and strong home presentation to attract buyers.

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