As we move into 2025, we must know what experts are projecting for the housing market. Whether you're considering buying or selling a home next year, having a clear picture of what they're calling for can help you make the best possible decision for your homeownership plans. 

Here's an early look at the most recent projections on mortgage rates, home sales, and prices for 2025. 

Mortgage rates are projected to come down slightly 

Mortgage rates play a significant role in the housing market. The forecasts for 2025 from Fannie Mae, the Mortgage Bankers Association (MBA), the National Association of Realtors (NAR), and Wells Fargo show an expected gradual decline in mortgage rates over the next year (see chart below): 

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Have you ever heard the phrase: don’t believe everything you hear? That’s especially true if you’re considering buying or selling a home in today’s housing market. There’s a lot of misinformation out there. And right now, ensuring you have someone you can go to for trustworthy information is extra essential. 

If you partner with a real estate agent, they can clear up some common misconceptions and reassure you by backing them up with research-driven facts. Here are just a few misconceptions they can help disprove. 

1. I’ll get a better deal once prices crash 

If you’ve heard home prices will come crashing down, it’s time to look at what’s happening. While prices vary by local market, a lot of data from numerous sources shows a…

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In recent years, there has been a significant shift in how wealth is distributed among generations. This shift is called the excellent wealth transfer. 
Historically, transferring wealth from generation to generation was a more gradual process, often limited to smaller amounts of inheritance or family savings. But today, the scale has increased in a big way.

As a recent article from Bankrate says: 
“The biggest wave of wealth in history is about to pass from baby boomers over the next 20 years, and it will have major impacts on many facets of life. Called the great wealth transfer, $84 trillion is poised to move from older Americans to Gen X and millennials. If it’s managed smartly, Americans will be able to grow their wealth and ensure…

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If you plan to sell your house and move, you probably know there’s been a shortage of options. But here’s the good news: the supply of homes for sale has grown in many markets this year – and that’s not just existing or previously owned homes. It’s true for newly built homes too.  So, how do you decide which route to go? Do you buy an existing home or a brand-new one? The choice is yours – you just need to figure out what’s most important to you. 

Perks of a newly built home 

Here are some benefits of buying a newly built home right now: 

Have brand new everything with never-been-used appliances and materials 

Use energy-efficient options to save money and leave a smaller footprint 

Minimize the need for repairs and benefit…

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Nestled in one of the most desirable locations in Casta Del Sol, this home offers breathtaking, panoramic mountain, hills, sunset and Lake Mission views from every room and is situated on a quiet cul-de-sac next to a peaceful greenbelt with only 1 neighbor. This highly upgraded, light and bright residence boasts cathedral ceilings, an open floor plan featuring a main floor primary suite, a spacious kitchen, and generous family, dining, and living areas. The chef’s caliber kitchen features stone counters, exquisite cabinetry with soft close drawers, stainless steel appliances including a Thermador cooktop, island, & a picture window framing sunset and lake views. The main floor primary suite is generously sized and is highlighted…

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Corona del Mar — Spanish for “Crown of the Sea” — is a community as beautiful as its name. Nestled on the foot of the San Joaquin Hills and fronting the Pacific Ocean, Corona del Mar ranges along a bluff at the south end of Newport Beach, California, and includes some of Orange County’s most prestigious residential areas. This seaside community is conveniently located just 50 miles south of Los Angeles International Airport, 4 miles west of Orange County’s John Wayne Airport, and 70 miles north of San Diego.    The Corona del Mar coastline has it all — small private coves, cliffs and tide pools, spectacular views. Directly south is one of Orange County’s jewels — Crystal Cove State Park.  Also not to…

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If you’re considering selling your house, you should know some buyers are ready and able to pay today’s high prices. But they want a home that’s move-in ready. A recent press release from Redfin explains: 
“Buyers are still out there, willing to pay today’s high prices, but only if the house is in perfect shape. They don’t want to spend extra money on paint or new appliances.” 

It makes sense when you think about it. People have to pay a lot for a house in today’s market. That means they may be unable to easily afford upgrades after moving in. So, if your home is outdated or needs some work, buyers might pass it by or offer a lower price than you were hoping for. 

And there are a lot of homes that need upgrades right now. Millions…

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Mortgage rates have hit their lowest point in over a year and a half. And that’s big news if you’ve been sitting on the homebuying sidelines waiting for this moment. 

Even a slight rate decline could help you get a better monthly payment than you would expect on your next home. And the drop that’s happened recently isn’t tiny. As Sam Khater, Chief Economist at Freddie Mac, says: 

“Mortgage rates have fallen more than half a percent . . . and are at their lowest level since February 2023.” 

But if you want to see it and believe it, here’s how the math shakes out. Take a closer look at the impact on your monthly payment. 

The chart below shows what a monthly payment (principal and interest) would look like on a $400K home loan…

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Navigating the housing market can be tricky, especially these days. That’s why having an experienced guide when buying or selling a home is so important. The market isn’t exactly straightforward right now, and working with The Aaronson Group can offer insights and advice that make all the difference. 

While today’s market conditions might seem confusing or overwhelming, you don’t have to handle them alone. With The Aaronson Group you go through every step, you can navigate the process with the clarity and confidence you deserve. 

Here are just a few of the ways The Aaronson Group is invaluable: 

Contracts – We can help with the disclosures and contracts necessary in today’s heavily regulated environment. 

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If you’re wondering what’s happening with home prices lately, you’re not the only one. With so much information, figuring out your next move can be challenging.   As a buyer, you might be worried about paying more than you should. And if you’re considering selling, you might be concerned about not getting the price you aim for.  So, here’s a quick breakdown to help clear things up and show you what’s happening with prices—whether you’re thinking about buying or selling.  

Home Price Growth is Slowing, but Prices Aren’t Falling Nationally 

Throughout the country, home price appreciation is moderating. That means prices are still going up, but they’re not rising as quickly as they were in recent years. The graph below…

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