I think in many areas it will be flat to a decrease. The market is already so poor in many areas how on earth could anyone reason raising prices? I'm in North Texas and hardly anything is selling. Lots of price cuts and houses are still sitting. I'm sure yes in a few markets it will go up, but I dont think that will be the norm in most. Prices have to come down to bring back more buyers. Raising prices when demand is already so low would make zero sense.
@timothyandrewnielsen8 күн бұрын
Inflation creeping back up.
@LittleDragonNow8 күн бұрын
Realtors are panicked! Very few buyers out there in many areas. Honestly hope buyers jump back in as prices drop in areas.
@Tindo9318 күн бұрын
When interest rate drops, they’ll jump back in
@LittleDragonNow8 күн бұрын
@Tindo931 That will have minimal impact like in 09.
@Tindo9318 күн бұрын
@@LittleDragonNow I disagree I know so many who are waiting. Lower interest rates mean affordability. 09 was a different beast as we had 1.5% GDP growth for 3 years, the slowest recovery from a recession in history. This time around, we have Trump who will not only push for lower rates, but will also make energy more affordable, will renegotiate trade deals, he will also incentivize companies to bring back manufacturing back to the USA making for a more robust economy. People so easily forget what happened between 2016-2020, which is crazy to me. 09 and 25 are 2 different eras my friend.
@isiah6758 күн бұрын
@@Tindo931 lmao people thinking they can time the market because of an election are in for a rude awakening
@asolano8 күн бұрын
I'm concerned that Trump's policies will lead to higher interest rates.