3 Year Housing Forecast: 2023-2025 Real Estate Trends
Home inventory is the lowest in 40 years as real estate is becoming harder to acquire with limited supply. Most buyers are going online in their search and purchasing as the technology such as virtual tours and staging improves. Rental prices will likely be higher for single family homes, but less for apartments in larger cities like Seattle and San Francisco as people have moved to suburbs and Sun Belt states.
The forecast for real estate is strong and unless new home building picks up at a substantial pace there is likely to be a shortage of homes and also put pressure on home prices.
If you need to buy or sell a house anywhere in the US please reach out to Oana or Todd as we can refer an agent to your though ReferralCloud our startup. Also you can get a rebate when you buy or sell through AgentRefund.com