2025 Housing Market Outlook for Brookings, SD: What to Expect
Posted by Shane Andersen on
Are you curious about where the housing market is headed in 2025? The outlook is shaping up to be optimistic, with experts forecasting changes in two key areas that could affect your decision-making: mortgage rates and home prices.
Whether you’re planning to buy or sell, here’s what industry experts are saying about these upcoming trends and how they could impact your goals.
Mortgage Rates Forecasted to Decline Gradually
Mortgage rates have been a major influence on housing market activity over the past few years. If you’ve felt uncertain about rates, here’s some good news: experts are predicting a gradual decrease throughout 2025. The path to lower rates won’t necessarily be smooth, as economic data and inflation numbers will play a role…
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