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Don’t expect any massive mortgage rate drops or the housing market to be flooded with an excessive amount of inventory any time soon. And inflation? It’s too early to tell whether it will make a comeback under the incoming presidential administration, according to economists who recently weighed-in on what to expect in the 2025 housing market.
While their forecasts initially appear to paint a dim picture, they all say that the upcoming year will be a better one for homebuyers and homesellers across the nation, especially those in Silicon Valley.
Lawrence Yun, chief economist of the National Association of Realtors, says “The worst may be over. We will see continual job gains. (Silicon Valley) is at the center, expect inventory to increase.” […]



