02/07/2025
📊 According to Realtor.com
In 2025, Realtor.com® forecasts that buyers and sellers can expect:
-Average mortgage rates of 6.3%, with rates edging down over the year to reach 6.2% by the end of the year
-Home prices will grow by 3.7% continuing growth trends since 2012
-Rents will remain about the same with a slight 0.1% drop
-A 11.7% increase in existing home inventory continuing the trend from 2024
-Single-family new home starts will grow an impressive 13.8%, reaching 1.1 million homes, a figure not seen since 2006
-Home sales will grow 1.5% year over year to 4.07 million
-Months' supply, a key market balance indicator, is expected to improve from a 3.7 month average in 2024 to 4.1 months in 2025. Anything under 4 is typically considered a seller's market, while 4 to 6 months of supply is typically considered a balanced market.
Sam Skidmore
Georgia Real Estate Team
770-280-5992
