Looking for a home in 2025? Check out these 10 housing hotspots.
CBSN
Although 2024 is winding down, the U.S. housing crisis lives on. But even as steep home prices and elevated mortgage rates sideline many would-be homebuyers, some real estate markets around the country continue to attract buyers.
The National Association of Realtors (NAR) this month released a list of 10 local housing markets it expects to be hot spots in 2025, outperforming the rest of the country in sales. The locations have been chosen by NAR based on their current individual strengths across 10 key economic, demographic and housing factors that are considered predictors of future market activity.
"Important factors common among the top-performing markets in 2025 include available inventory at affordable price points, a better chance of unlocking low mortgage rates, higher income growth for young adults and net migration into specific metro areas," said Lawrence Yun, NAR chief economist and senior vice president of research, in the report.
